China's banking institutions had a total of 35.96 trillion yuan of domestic assets in terms of both local and foreign currencies by the end of September this year. That was an increase of 19.3 percent over the same period of last year.

Preliminary statistics by China Banking Regulatory Commission released on Oct.24, according to Xinhua news, assets of state-owned commercial banks reached 19.15 trillion yuan, up 17.5 percent. Joint stock commercial banks held 5.49 trillion yuan of assets, rising 24.4 percent. Assets of city commercial banks valued 1.88 trillion yuan, jumping 19.9 percent. In addition, other financial institutions reported total assets of 9.44 trillion yuan, growing 20 percent.

In the mean time, there was 34.46 trillion yuan of liabilities on the books of Chinese banking entities in terms of both local and foreign currencies, rising 18.7 percent. That was composed of 18.37 trillion yuan of liabilities from state-owned commercial banks, up 17.4 percent, plus 5.29 trillion yuan from joint stock commercial banks, a rise of 24.2 percent and 1.81 trillion yuan from city commercial banks, a growth of 19.6 percent. The remaining 8.99 trillion yuan came from other financial institutions, up 18.3 percent.

By People's Daily Online