Home China News Economy Total Assets of Domestic Financial Institutions in China’s Banking Sector Exceed RMB73t
Total Assets of Domestic Financial Institutions in China’s Banking Sector Exceed RMB73t PDF Print E-mail

Sunday, 26 July 2009

According to preliminary statistics of China Banking Regulatory Commission (CBRC), by the end of June 2009, the total assets of financial institutions in China’s banking sector within borders amounted to RMB73.8t, up 27.7% year-on-year, reported by People's Daily.

The assets of large commercial banks stood at RMB38.5t, with an increase of 27.7%; the assets of joint-stock commercial banks were RMB10.8t, up 34.3%; the assets of urban commercial banks reached RMB5.0t, increasing by 37.9%; the assets of other financial institutions amounted to RMB19.5t, with an increase of 22.0%.

By the end of 2009, the balance of non-performing loans of China’s domestic commercial banks (including state-owned commercial banks, joint-stock commercial banks, urban commercial banks, rural commercial banks and foreign banks) was RMB518.13b, reducing RMB42.18b over the beginning of this year; the non-performing loan ratio was 1.77%, declining 0.65 percentage point over the beginning of 2009.

 
Copyright © 2012 Sinolize.com. All Rights Reserved.
Joomla! is Free Software released under the GNU/GPL License.