ICBC Vice President Says Core Asset Quality Metrics Improved in First Half of 2026
ICBC Vice President Wang Jingwu said at the bank's 2026 interim results conference that the group's non-performing loan ratio stood at 1.29% at end-June, down 2 basis points from the start of the year. Corporate loans at domestic branches saw their NPL ratio fall to 1.2%, a further decline of 9 basis points after a 21-basis-point drop in the prior year.
Wang Jingwu, vice president of Industrial and Commercial Bank of China (ICBC), said at the bank's 2026 interim results conference that the group has aligned its asset allocation with national strategies, optimized its credit structure, and strengthened asset quality controls. As of end-June 2026, the group's non-performing loan (NPL) ratio stood at 1.29%, down 2 basis points from the beginning of the year. The NPL ratio for corporate loans at domestic branches was 1.2%, a further decline of 9 basis points following a 21-basis-point reduction in the previous year.
Wang noted that ICBC has implemented national policy decisions on stabilizing growth, expanding domestic demand, and preventing risks in its retail and inclusive finance businesses. The bank has balanced business development with risk prevention, taking measures in areas such as institutional optimization and full-process risk control. These include deepening classified management of retail and inclusive credit assets, setting differentiated risk control strategies, and moving the window for risk resolution earlier.
Wang said that the country continues to roll out policies to improve people's livelihoods, expand domestic demand, and boost consumption, while steadily building a new model for real estate development and promoting high-quality development of inclusive finance. As the market environment improves, asset quality in retail and inclusive lending is expected to remain within a reasonable and controllable range.