High domestic assets
Source: Xinhua |
October 26, 2011, Wednesday
|
Print Edition
Print Edition
THE total domestic assets of China's financial institutions in the banking sector hit a record high of 105.71 trillion yuan (US$16.61 trillion) at the end of September, up 16.6 percent year on year, the regulator said yesterday.
Their combined liabilities totaled 98.96 trillion yuan at the end of September, a rise of 16.1 percent on an annual basis, the China Banking Regulatory Commission said.
According to preliminary data, domestic assets of the country's large-scale commercial banks climbed 12.2 percent from a year earlier to 50.5 trillion yuan, while their liabilities grew 11.7 percent year on year to 47.32 trillion yuan, the CBRC said.
Their combined liabilities totaled 98.96 trillion yuan at the end of September, a rise of 16.1 percent on an annual basis, the China Banking Regulatory Commission said.
According to preliminary data, domestic assets of the country's large-scale commercial banks climbed 12.2 percent from a year earlier to 50.5 trillion yuan, while their liabilities grew 11.7 percent year on year to 47.32 trillion yuan, the CBRC said.
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