August Sees 10%+ Growth in China Financial Institutions' Assets, Liabilities for Year Low, CBRC Says(Yicai Global) Sept. 26 -- China had USD36.20 trillion (CNY238.95 trillion) of banking financial institutions' assets at the end of last month, up by 11 percent per year to hit a new annual low, per China Banking Regulatory Commission data.
Total assets of commercial banks were CNY185.28 trillion, up by 11.2 percent annually, also a low for the year.
Total liabilities of China's banking financial institutions were CNY220.45 trillion, up by 10.8 percent yearly for another new low. Total liabilities of commercial banks were CNY171.39 trillion, up by 11.1 percent per year for another year's low.
