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China's banking industry's assets at end Jun hit RMB 163 trln

July 30, 2014 (China Knowledge) – The total assets of financial institutions in China’s banking industry were at RMB 162.95 trillion as at the end of Jun 2014, up 15.3% year on year, according to a statement released by the China Banking Regulatory Commission.


Large-scale commercial banks saw assets increase 9.8% year on year to RMB 67.25 trillion as of the end of Jun, while joint-stock commercial banks saw assets rose 17% to RMB 30.18 trillion.


The assets of city-level commercial lenders were RMB 16.77 trillion at the end of last month, 23.4% more than a year earlier, and the assets of other banking financial institutions had grown 20.6% year on year to RMB 27.69 trillion.


The combined liabilities of the banking industry had increased 15.1% year on year to RMB 151.97 trillion at the end of last month.

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