Suzhou Bank President Wang Qiang: Risk control for personal business loans will still face pressure in 2025, but it will not cause a major impact.
At the annual performance briefing of Suzhou Bank held on the afternoon of May 19, President Wang Qiang expressed his outlook on asset quality. He stated that in 2025, there are still uncertainties in the global economy and industrial chain development, with no significant improvement in the short-term economic environment. Pressure still exists for the production and operation of small and micro enterprises, and there is still some pressure on the risk control of personal operating loans. However, this will not cause a significant impact on the bank's asset quality. To actively respond to this situation, the bank has formulated a risk control mechanism, and will further strengthen the risk management of personal operating loans and consumer loans through digital risk control technology, daily risk monitoring, improving the early warning system, and strengthening post-loan management.
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