Friday, March 2, 2012

Mar 02 - Assets in China’s Banking Industry Totaled CNY 111.6 Trillion at the End of Jan.


Source: CBRC
+       The China Banking Regulatory Commission (CBRC) announced yesterday that as of January 2012, the assets of financial institutions totaled CNY 111.62 trillion, up CNY 99.5 billion from December 2011. January marked the sixth consecutive month with increase in the total assets.
+       In January, the total assets of major commercial banks and other types of financial institutions increased month-on-month, while total assets in joint-stock commercial banks and city commercial banks decreased month-on-month.

Banking sector: total assets in January at CNY 111.6 trillion, an 18% year-on-year increase.




Other News Headlines:
n Feb. Manufacturing PMI Increases
n FAW Group Might Complete Overall Listing This Year
n Assets in China’s Banking Industry Totaled CNY 111.6 Trillion at the End of Jan.
n Home Prices in 100 Chinese Cities Has Decreased MoM for Six Months

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