The Asia Global Payment Summit. Bali, Indonesia. 10-11 October 2019

Banking sector, Chinese

Home » Banking sector, Chinese


 

As of the end of 2015 the total assets of China’s banking sector financial institutions was 199.3 trillion yuan, for year-on-year growth of 15.7% according to data from the China Banking Regulatory Commission.

Total liabilities for the sector were 184.1 trillion yuan, for year-on-year growth of 15.1%.

In descending order the following financial institutions accounted for the largest shares of banking sector assets: large-scale commercial banks, joint-stock commercial banks, rural small and medium-sized financial institutions, and municipal commercial banks, accounting for 39.2%, 18.6%, 12.9% and 11.4% of total sector assets respectively.

CBRC’s “Banking Sector Financial Institution Legal Person List” (银行业金融机构法人名单) further indicates that as of the end of 2015 China’s banking sector had a total of 4,262 legal person financial institutions employing approximately 3.8 million staff.

These banking institutions include:

  • 3 policy banks.
  • 5 large-scale commercial banks.
  • 12 joint-stock commercial banks.
  • 133 municipal commercial banks.
  • 5 privately run banks.
  • 859 rural commercial banks.
  • 71 rural cooperative banks.
  • 1,373 rural credit societies.
  • 1 postal savings bank.
  • 4 financial asset management companies.
  • 40 foreign-invested legal person financial institutions.
  • 1 Sino-German residential housing savings bank.
  • 68 trust companies.
  • 224 enterprise group financial companies.
  • 47 financial leasing companies.
  • 5 money management companies.
  • 25 vehicle finance companies.
  • 12 consumer finance companies.
  • 1,311 village and town banks.
  • 14 loan companies.
  • 48 rural village mutual assistance societies.

 

Bookmark