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October 30, 2010

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Banks' Assets Climb

TOTAL domestic assets of Chinese financial institutions had risen 20.4 percent year on year to 90.6 trillion yuan (US$13.1 trillion) by the end of September.

Assets of large-scale commercial banks had increased 15.3 percent year on year to 45 trillion yuan by the end of September. Assets of joint-stock commercial banks had risen to 14.2 trillion yuan, up 27.5 percent from a year earlier, the China Banking Regulatory Commission said yesterday.

 

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