Assets of China's financial institutions up 8.1%

0 Comment(s)Print E-mail Xinhua, December 13, 2019
Adjust font size:

The total assets of Chinese financial institutions rose 8.1 percent to 312.46 trillion yuan (about 44.5 trillion U.S. dollars) at the end of the third quarter, central bank data showed Thursday.

At the end of Q3, banking institutions saw their total assets at 284.67 trillion yuan, up 7.7 percent year on year, according to the People's Bank of China (PBOC).

The total assets of securities institutions rose 13.6 percent year on year to 7.83 trillion yuan, while those of insurance institutions rose 11.7 percent to 19.96 trillion yuan.

The total liabilities of China's financial institutions were 283.94 trillion yuan, up 7.6 percent from a year ago, PBOC data showed.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter