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CITIC Bank President Lu Wei: The annual credit plan for 2025 will increase by 330 billion.
On March 27, Jin10 reported that Lu Wei, the president of China CITIC Bank, stated at the 2024 annual performance press conference that the company’s asset allocation strategy will continue to adhere to moderate scale growth in 2025, focusing on optimizing the structure. In terms of credit issuance, China CITIC Bank plans to increase its credit by 330 billion throughout 2025, with a growth rate of 5.9%. Among this, the plan for corporate credit business is to increase by 270 billion, with a growth rate of 10.4%. Retail business will be arranged flexibly and dynamically according to changes in the situation, with a temporary increase set at 120 billion, corresponding to a growth rate of 5.2%.