Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

Banking institutions in China see rise in assets, liabilities

December 26, 2018


Abstract : China's banking institutions saw an increase in total assets and liabilities, according to data published Tuesday by the country's top banking regulator.

BEIJING, Dec. 25 (Xinhua) -- China's banking institutions saw an increase in total assets and liabilities, according to data published Tuesday by the country's top banking regulator.

By the end of November, onshore assets of China's banking financial institutions, including commercial banks, policy banks and rural credit cooperatives, climbed 6.3 percent from a year earlier to 259.91 trillion yuan (37.71 trillion U.S. dollars), according to the China Banking and Insurance Regulatory Commission (CBIRC).

Total liabilities of these institutions reached 238.52 trillion yuan at the end of last month, a 5.8-percent increase over the same period last year.

The growth rates of total assets and liabilities, important indicators of the health of the banking industry, both slowed compared with levels reported at the end of October.

The CBIRC data showed commercial banks' total assets gained 6.6 percent during the period, while their liabilities grew by 6.1 percent from a year earlier. The growth rates both dropped from figures posted at the end of October.

Scan the QR code and push it to your mobile phone

Keyword: China-banking asset-liability

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial