News Column

July-end Banking Institutions Total Liabilities to CNY150trn

August 29, 2014



BEIJING, August 29, SinoCast -- Total liabilities of banking financial institutions reached CNY 150.33 trillion by the end of July, growing 14.7% year on year and falling CNY 1.64 trillion over the end of June, the first month-on-month drop this year, according to China Banking Regulatory Commission.

Total liabilities of commercial banks reached CNY 116.56 trillion, growing 14.5% year on year, accounting for 77.5% of total of banking financial institutions and falling CNY 1.76 trillion over the end of June, the first month-on-month drop this year.

By the end of July, total liabilities of large commercial banks reached CNY 61.33 trillion, growing 9.4% year on year and accounting for 40.8% of total of banking financial institutions, falling 0.4 percentage points over the proportion by the end of June.

Total liabilities of joint-stock commercial banks reached CNY 28.06 trillion, growing 16.1% year on year and accounting for 18.7% of total of banking financial institutions; total liabilities of city commercial banks reached CNY15.45 trillion, growing 22.8% year on year and accounting for 10.3% of total of banking financial institutions; total liabilities of rural financial institutions reached CNY 19.64 trillion, growing 17.9% year on year and accounting for 13.1% of total of banking financial institutions; total liabilities of other financial institutions reached CNY 25.85 trillion, growing 19.6% year on year and accounting for 17.2% of total of banking financial institutions.


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Source: Sinocast Banking & Credit Beat (China)


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