Domestic Assets See 18.3% Increase
Source: Xinhua |
July 23, 2010, Friday
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Print Edition
Print Edition
TOTAL domestic assets in foreign currencies and yuan at Chinese financial institutions had risen 18.3 percent year on year to 87.2 trillion yuan (US$12.9 trillion) by the end of June, China's banking regulator said yesterday.
Combined liabilities had risen 18 percent from a year ago to 82.3 trillion yuan by the end of June, the China Banking Regulatory Commission said in a statement on its website.
Large-scale commercial banks' assets had grown 13.2 percent year on year to 43.6 trillion yuan by the end of June while assets of joint-stock commercial banks had risen to 13.5 trillion yuan, up 24.6 percent from a year earlier, the statement said.
Liabilities at large-scale commercial banks rose to 41.2 trillion yuan, up 13 percent year on year, while those of joint-stock commercial banks increased 23.6 percent year on year to 12.8 trillion yuan.
Combined liabilities had risen 18 percent from a year ago to 82.3 trillion yuan by the end of June, the China Banking Regulatory Commission said in a statement on its website.
Large-scale commercial banks' assets had grown 13.2 percent year on year to 43.6 trillion yuan by the end of June while assets of joint-stock commercial banks had risen to 13.5 trillion yuan, up 24.6 percent from a year earlier, the statement said.
Liabilities at large-scale commercial banks rose to 41.2 trillion yuan, up 13 percent year on year, while those of joint-stock commercial banks increased 23.6 percent year on year to 12.8 trillion yuan.
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