Domestic assets of banking sectors exceeds 30 trillion yuan
www.chinaview.cn 2004-10-20 15:39:30
BEIJING, Oct. 20 (Xinhuanet) -- The total domestic assets of China's banking sector, including domestic and overseas currency, was 30.15 trillion yuan (3.64 trillion US dollars) at the end of September, said the China Banking Regulatory Commission (CBRC) here Tuesday.
The total assets of state-owned commercial banks amounted to 16.3 trillion yuan, a year-on-year increase of 8.1 percent; joint-stock commercial banks, 4.41 trillion yuan -- up 21.4 percent; city commercial banks, 1.57 trillion yuan -- up 16.8 percent; other financial organizations, 7.86 trillion yuan -- up 15.2 percent, the CBRC statistics said.
Total debt of domestic and overseas currency reached 29.02 trillion yuan, an year-on-year increase of 12.2 percent, the CBRC figures show.
Meanwhile, China's four state-owned assets management corporations have handled non-performing assets (NPA) totaling 587.62 billion yuan and recovered in cash bad assets worth 120.21 billion yuan, making up 20.46 percent of the handled NPA by the end of September, according to the CBRC. Enditem
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