At The End Of August, The Total Assets Of The Banking Industry Exceeded 104 Trillion &Nbsp, And The Growth Momentum Was Restored.

The end of August

After the July crash, the total assets of the banking industry in August returned to its previous growth momentum.

According to the data released by China Banking Regulatory Commission 23, as of the end of 8, the total assets of China's banking industry reached 104 trillion and 440 billion yuan, up 16.6% from the same period last year, and the total liabilities amounted to 97 trillion and 790 billion yuan, up 16% over the same period last year.

It is worth noticing that at the end of 7, the total assets and total liabilities of China's banking industry both decreased, which is very rare, especially the total assets of the bank decreased by nearly trillion yuan.

The latest data show that banking assets and liabilities are back to expansion.

In August, the total assets of China's banking industry increased by 12658 billion yuan, and the total liabilities increased by 11205 billion yuan.

However, although the growth momentum has been restored, the year-on-year growth has reached a new low this year.

A number of analysts suggested that in the face of hard constraints on capital regulation and business models.

In terms of classification, large commercial banks have maintained a relatively stable growth trend.

By the end of 8, total assets amounted to 49 trillion and 500 billion yuan, up 11.2% over the same period last year. Total liabilities amounted to 46 trillion and 350 billion yuan, up 10.6% from the same period last year. Assets and liabilities accounted for 47.4% of the total industry.

The total assets of joint-stock commercial banks amounted to 16 trillion and 760 billion yuan, up by 19.2% compared with the same period last year, with a total liabilities of 15 trillion and 740 billion yuan, an increase of 18.2% over the same period last year, and their assets and liabilities were 16% and 16.1% in the banking sector as a whole.

The growth rate of urban commercial banks is still at the forefront of all banking financial institutions.

Its total assets amounted to 8 trillion and 800 billion yuan, up 29.2% over the same period last year, with a total liabilities of 8 trillion and 200 billion yuan, up 28.6% from the same period last year, and its proportion in the industry was 8.4%.

The data also showed that the total assets of other financial institutions at the end of August were 29 trillion and 380 billion yuan, up 21.4% over the same period last year, and the total liabilities were 27 trillion and 490 billion yuan, up 21.1% from the same period last year.

Other types of financial institutions include policy banks, rural commercial banks, rural cooperative banks, foreign-funded financial institutions, urban credit cooperatives, rural credit cooperatives, enterprise group financial companies, trust investment companies, etc.