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Home >> Business
UPDATED: 18:24, October 21, 2005
Yuan savings deposits grow 1.3 times since end of 2000
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The outstanding yuan savings deposits at financial institutions in China stood at 28 trillion yuan (3.46 trillion US dollars) by the end of September 2005, 1.3 times more than that at the end of 2000.

The figures were provided by the People's Bank of China, the country's central bank. Corporate deposits stood at 9.3 trillion yuan, 1.1 times more than that by the end of 2000, and individual savings deposits totaled 13.6 trillion yuan, 1.1 times more than that at the end of 2000.

By the end of September 2005, China's forex reserves totaled 769 billion US dollars, 3.6 times more than that at the end of 2000, according to the central bank.

Meanwhile, the Renminbi-dominated loans of all financial institutions totaled 19.1 trillion yuan, up by 0.9 times.

By the end of 2004, the total assets of all banks, securities, fund, and insurance companies in the country were, respectively, worth 31.6 trillion yuan, 404.5 billion yuan, 323.8 billion yuan and 1.18 trillion yuan, it said.

Source: Xinhua


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