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Economy

China's banking indu. sees RMB and foreign currency liabilities up 6.6 pct y-o-y in Q1-3

November 20, 2018


Abstract : China's banks saw their domestic and foreign currency liabilities increase 6.6 percent year on year to 243 trillion yuan (about 35.015 trillion U.S. dollars) in the first three quarters of the year, according to the CBIRC.

银行

BEIJING, Nov. 20 (Xinhua) -- China's banks saw their domestic and foreign currency liabilities increase 6.6 percent year on year to 243 trillion yuan (about 35.015 trillion U.S. dollars) in the first three quarters of the year, according to the China Banking and Insurance Regulatory Commission (CBIRC) on Monday.

To be specific, the commercial banks had combined renminbi and foreign currency liabilities of 91 trillion yuan, accounting for 37.3 percent of the total liabilities, up 6.7 percent year on year, the data showed.

Meanwhile, the renminbi and foreign currency liabilities of joint-stock commercial banks went up 3.4 percent year on year to 43 trillion yuan, accounting for 17.5 percent of the total liabilities. (Edited by Jiang Feifan) 

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Keyword: China-banking CBIRC

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