Banking assets and liabilities increase
Print Edition
TOTAL assets and liabilities of Chinese banking institutions rose in September, according to data released yesterday by China’s top banking regulator.
As of the end of September, onshore assets of China’s banking institutions, including commercial banks, policy banks and rural credit cooperatives, rose 15 percent from a year earlier to 188 trillion yuan (US$29.6 trillion), the China Banking Regulatory Commission said.
Total liabilities of these institutions were 174 trillion yuan at the end of last month, up 14.2 percent over the same period of last year.
The growth rates of total assets and liabilities, important signs of the health of the banking industry, slowed compared with levels at the end of August.
The CBRC data showed commercial banks’ total assets gained 10 percent during the period while their liabilities grew 9.3 percent.
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