City com­mer­cial banks’ as­sets to­tal 25.2t yuan

China Daily (USA) - - BUSINESS -

China’s 133 city com­mer­cial banks recorded 25.2 tril­lion yuan ($3.76 tril­lion) in to­tal as­sets at the end of June, ac­cord­ing to the China Bank­ing Reg­u­la­tory Com­mis­sion. The fig­ure rep­re­sents a growth of nearly 40 per­cent from a year ear­lier. The banks’ out­stand­ing loans to­taled 9.5 tril­lion yuan, while de­posits amounted to 15.6 tril­lion yuan, the CBRC said at an an­nual con­fer­ence in Nan­chang.

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