Dec 28 - Banks’ Total Assets Reached CNY 107.9 Trillion

Source: China Business News, ChinaScope Financial (Data)

+   According to the China Banking Regulatory Commission (CBRC), total assets of the banking sector was CNY 107.9 trillion at the end of November, a 16.7% year-on-year increase.

+   Meanwhile, total liabilities of banks increased 16.2% year-on-year to CNY 100.8 trillion.

+   Large commercial banks have CNY 50.6 trillion of total assets, an 11.3% year-on-year increase, which accounts for 46.9% of the industry’s aggregate assets. Total liabilities were CNY 47.3 trillion, up 10.7% year-on-year, and accounts for 46.9% of the industry’s aggregate liabilities.

+   Related Data: Total Assets, Total Liabilities

Market Share of Big Five National Banks is Declining

For more data on other financial sectors, please visit www.chinascopefinancial.com

Other News Headlines

• Nov. Statistics on China’s Financial Market
• Banks’ Total Assets Reached CNY 107.9 Trillion
• Industrial Enterprises’ Profit Increased 24.4% in Jan. to Nov.
• China’s External Debt at USD 697.16 Billion at the End of Q3
• Crude Steel Output Drops 0.2% YoY in Nov.
• Jiaozuo Wanfang Will Issue 280 Million Shares via Private Placement

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