Assets rise
THE total domestic assets of Chinese financial institutions in the banking sector rose 19.7 percent year on year to 94.3 trillion yuan (US$14.31 trillion) in 2010, the country's banking regulator said yesterday.
Financial institutions in the banking sector refers to commercial banks, deposit-taking urban- and rural-credit cooperatives and policy banks.
Their combined liabilities rose 19 percent year on year to 88.4 trillion yuan in 2010, the China Banking Regulatory Commission said.
Financial institutions in the banking sector refers to commercial banks, deposit-taking urban- and rural-credit cooperatives and policy banks.
Their combined liabilities rose 19 percent year on year to 88.4 trillion yuan in 2010, the China Banking Regulatory Commission said.
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