Total bank assets rise
Source: Shanghai Daily |
January 26, 2016, Tuesday
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Print Edition
Print Edition
TOTAL assets of China’s banking institutions rose 15.5 percent year on year to 194.2 trillion yuan (US$29.5 trillion) at the end of December, the China Banking Regulatory Commission said yesterday. But total debt added 14.8 percent to 179.1 trillion yuan.
Urban commercial banks recorded the fastest growth of 25.4 percent in their total assets amounting to 22.7 billion yuan.
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