Assets of Chinese banks climb
Source: Xinhua |
January 18, 2010, Monday
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Print Edition
Print Edition
THE total foreign and domestic currency assets of Chinese financial institutions rose 26.3 percent year on year to 78.8 trillion yuan (US$11.5 trillion) by the end of 2009, the China Banking Regulatory Commission said on Saturday.
The CBRC also said that combined liabilities climbed 26.8 percent from the same period of last year to 74.3 trillion yuan.
The assets of state-owned commercial banks were 40.1 trillion yuan by the end of 2009, up 25.9 percent on an annual basis, while those of joint-stock commercial banks were 11.8 trillion yuan, up 33.7 percent year on year.
The liabilities of state-owned commercial banks totaled 37.9 trillion yuan, up 26.9 percent year on year, while those of joint-stock commercial banks amounted to 11.2 trillion yuan, up 34.1 percent from a year earlier.
The bad loan ratio among the major commercial banks fell to 1.59 percent, a drop of 0.86 percentage point from the beginning of 2009.
The CBRC also said that combined liabilities climbed 26.8 percent from the same period of last year to 74.3 trillion yuan.
The assets of state-owned commercial banks were 40.1 trillion yuan by the end of 2009, up 25.9 percent on an annual basis, while those of joint-stock commercial banks were 11.8 trillion yuan, up 33.7 percent year on year.
The liabilities of state-owned commercial banks totaled 37.9 trillion yuan, up 26.9 percent year on year, while those of joint-stock commercial banks amounted to 11.2 trillion yuan, up 34.1 percent from a year earlier.
The bad loan ratio among the major commercial banks fell to 1.59 percent, a drop of 0.86 percentage point from the beginning of 2009.
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