Ping An Bank Releases 2025 Internal Control Evaluation Report, Internal Control System Continues to Operate Effectively

Ping An Bank Co., Ltd. officially released the 2025 Internal Control Evaluation Report on March 20, 2026, after approval by the board of directors. The report shows that as of December 31, 2025, the bank maintained effective internal controls over financial reporting in all material respects, with no significant deficiencies found in financial or non-financial reporting internal controls. The internal control audit opinion is consistent with the bank’s self-assessment conclusion.

According to the report, in 2025, Ping An Bank adhered to principles such as comprehensiveness and risk orientation, conducting a thorough review of its internal control system through a combination of management self-assessment and independent evaluation. The scope of the assessment covered key areas including corporate governance, deposits and loans, interbank funds, credit cards, information technology, risk management, and related businesses of its wealth management subsidiaries.

During the evaluation, the bank and its wealth management subsidiaries identified a total of 54 general internal control deficiencies, mainly related to incomplete “three checks” in some credit businesses, irregularities in product sales, system security management, and outsourcing service management. Management has developed rectification plans for all deficiencies and has promoted their implementation. As of the report date, all issues have been resolved. The report considers that these deficiencies pose manageable risks and do not have a substantial impact on the bank’s operations and management.

Looking ahead to 2026, Ping An Bank states it will continue to strengthen internal control compliance and risk management. Specific measures include upgrading compliance risk governance, launching targeted improvement initiatives; safeguarding asset quality by reinforcing risk prevention and control in key areas and resolving existing risks; and focusing internal audits on operations, compliance, management, and financial risks, while deepening technological empowerment to ensure high-quality development of the bank.