Late last year the total assets of China's banking sector 94.3 trillion yuan

 NetEase Finance Jan. 21 News China Banking Regulatory Commission announced today, according to preliminary statistics, as of the end of 2010, China's domestic banking institutions and foreign currency assets amounted to 94.3 trillion yuan, up 19.7% over the previous year. Sub-sector type, the large commercial banks with total assets of 45.9 trillion yuan, up 14.4%; joint-stock commercial banks with total assets of 14.9 trillion yuan, up 26.1%; urban commercial banks with total assets of 7.9 trillion yuan, up 38.2%; other type of financial institutions with total assets of 25.7 trillion yuan, an increase of 21%.

domestic banks and foreign currency liabilities of financial institutions totaled 88.4 trillion yuan, up 19% over the previous year. Among them, the total liabilities of large commercial banks 43 trillion yuan, up 13.5%; joint-stock commercial bank liabilities 14 trillion yuan, up 25.2%; urban commercial banks total liabilities of 7.4 trillion yuan, up 38.5%; total liabilities of other financial institutions 24 trillion yuan, up 20.6%.


1 18, the CBRC held its first 2011 economic and financial situation and communications (television and telephone) will be, the CBRC Chairman Liu pointed out that the progress, our results of the international financial crisis has been effectively consolidated. But the domestic and international economic and financial situation remains very complicated mechanism of the banking system, only periodic changes in the banking sector is still facing arduous challenges and difficulties.

CBRC has also revealed that in 2011 the general requirements of banking supervision is to: focus on improving the depth of monitoring the effectiveness of forward-looking policy, reform and development efforts to enhance the sustainability of the scientific soundness dispatched prevention efforts systemic and regional risk and ensure safety and soundness of the banking operation, and promote stable and rapid economic development entities.

China Banking Regulatory Commission also stressed that the four in 2011 to focus on preventing the risk that the credit risk, market risk, operational risk, liquidity risk, the risk firmly hold the bottom line.

(This article Source: NetEase Finance)