<\/p>\n
This grew by 8.1% on a year-on-year basis.<\/p>\n
By the end of the first three months of the year (Q1 2024), China\u2019s banking institutions’ total RMB and foreign currency assets reached $60.14t, an 8.1% increase year-on-year (YoY), data from the National Financial Regulatory Administration (NFRA) showed.<\/p>\n
Large commercial banks held $25.9t of these assets, up 11.2% YoY, comprising 43.1% of the total. Joint-stock commercial banks’ assets were $10.05t, up 4.1% YoY, making up 16.7% of the total.<\/p>\n
Loans to micro and small enterprises (MSEs), including loans to individual business owners and MSE owners, totalled $10.42t. Inclusive loans to MSEs with a single account credit limit under $1.4m reached $4.4t, a 21.1% increase YoY.<\/p>\n
The outstanding balance of non-performing loans (NPLs) of commercial banks was $476b, up by $19.8b from the previous quarter, with an NPL ratio of 1.59%, stable compared to the previous quarter.<\/p>\n
Performing loans stood at $29.15t, with normal loans at $28.5t and special-mention loans at $644b.<\/p>\n
Commercial banks’ net profit was $94.12b, a 0.7% YoY increase, with an average ROE of 9.57% and ROA of 0.74%, both showing slight increases from the previous quarter.<\/p>\n
Loan loss provisions totalled $966b, up $37.77b from the last quarter. The provision coverage ratio was 204.54%, down 0.6 percentage points, whilst the loan provision ratio was 3.26%, down 0.01 percentage points from the previous quarter.<\/p>\n
The capital adequacy ratio (CAR) of commercial banks was 15.43%, tier-1 CAR was 12.35%, and core tier-1 CAR was 10.77%.<\/p>\n
The liquidity coverage ratio was 150.84%, down 0.76 percentage points from the previous quarter. The net stable funding ratio was 125.33%, and the liquidity ratio was 68.66%, up 0.78 percentage points.<\/p>\n
The RMB excess reserve ratio was 1.7%, down 0.54 percentage points, and the loan-to-deposit ratio was 78.8%, up 0.11 percentage points from the last quarter.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
This grew by 8.1% on a year-on-year basis. By the end of the first three months of the year (Q1 2024), China\u2019s banking institutions’ total RMB and foreign currency assets reached $60.14t, an 8.1% increase year-on-year (YoY), data from the National Financial Regulatory Administration (NFRA) showed. Large commercial banks held $25.9t of these assets, up […]<\/p>\n","protected":false},"author":1,"featured_media":1850,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/06\/China-banks-44-1140x445.jpeg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/06\/China-banks-44-463x348.jpeg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/06\/China-banks-44-300x201.jpeg",300,201,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/06\/China-banks-44.jpeg",1240,829,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/1849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=1849"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/1849\/revisions"}],"predecessor-version":[{"id":1851,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/1849\/revisions\/1851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/1850"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=1849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=1849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=1849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}