Chinese banks domestic assets grew 13.6%
Almaty. May 26. Silkroadnews – At the end of April the total domestic assets of Chinese banks amounted to 231.95 trillion yuan, a 13.6% increase year on year, Xinhua news agency reported.
According to data of the China Banking Regulatory Commission, at the end of April the assets of the country’s major commercial banks amounted to 83.28 trillion yuan (a 9.9% increase), joint-stock commercial banks – to 43.36 trillion yuan (a 13.5% increase), urban commercial banks – to 29.26 trillion yuan (a 21.3% increase), rural banking and credit institutions – to 31.38 trillion yuan (a 13.7% increase).
The total liabilities of Chinese banks rose by 13.7% to 213.86 trillion yuan.
$1 = 6.87 yuan