Money
China banking assets rose 19.7% in 2010
Updated: 2011-01-21 14:36
(Agencies)
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MixxBEIJING - The total assets in China's banking sector reached 94.3 trillion yuan ($14.3 trillion) at the end of 2010, up 19.7 percent from a year earlier, the country's banking regulator said on Friday.
The China Banking Regulatory Commission also said the total liabilities of banks rose 19 percent year-on-year to 88.4 trillion yuan at the end of last year, according to a statement on its website, www.cbrc.gov.cn
It added that those figures exclude banks' overseas assets and liabilities.
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