Sharp annual rise in bank assets
By Yu Ran in Shanghai | chinadaily.com.cn | Updated: 2013-05-28 15:55
Domestic assets owned by banking-related organizations in April exceeded 138 trillion yuan ($22.54 trillion), representing an annual increase of 17 percent, according to the China Banking Regulatory Commission on Monday.
Debts were over 129 trillion yuan, 16.8 percent higher than the previous year.
Assets from large-sized commercial banks were valued at 59.36 trillion yuan, representing an annual increase of 8.7 percent.
Commercial banks owned assets worth 25.61 trillion yuan, 30.1 percent higher over the year.
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