According to preliminary statistics, the total assets of financial institutions reached RMB495.59 trillion at end-2024, increasing 7.5 percent year on year. Specifically, the assets of banking institutions registered RMB444.57 trillion, increasing 6.5 percent year on year; those of securities institutions reached RMB15.11 trillion, increasing 9.1 percent year on year; those of insurance institutions reached RMB35.91 trillion, growing 19.9 percent year on year.
The total liabilities of financial institutions reached RMB452.17 trillion, increasing 7.5 percent year on year. Specifically, the liabilities of banking institutions registered RMB408.11 trillion, increasing 6.5 percent year on year; those of securities institutions reached RMB11.48 trillion, increasing 10.0 percent year on year; those of insurance institutions reached RMB32.58 trillion, growing 19.7 percent year on year.
Annex: The Balance Sheet of Financial Institutions at end-2024
Outstanding value (trillion yuan) |
Year-on-year growth (%) |
|
Total assets |
495.59 |
7.5 |
Banking institutions |
444.57 |
6.5 |
Securities institutions |
15.11 |
9.1 |
Insurance institutions |
35.91 |
19.9 |
Total liabilities |
452.17 |
7.5 |
Banking institutions |
408.11 |
6.5 |
Securities institutions |
11.48 |
10.0 |
Insurance institutions |
32.58 |
19.7 |
Owners’ equity |
43.42 |
7.7 |
Banking institutions |
36.46 |
6.7 |
Securities institutions |
3.64 |
6.4 |
Insurance institutions |
3.32 |
21.6 |
Notes:
1. The total assets, liabilities and owners’ equity of financial institutions are the aggregates of relevant indexes of banking, securities, and insurance institutions. Specifically, banking institutions refer to incorporated financial institutions (overseas branches included), excluding the central bank. Securities institutions include securities, futures, and fund companies. The total assets of securities and futures companies include their own assets and those of their customers. Insurance institutions include property insurance companies, life and health insurance companies, reinsurance companies, insurance group (holding) companies, and insurance asset management companies.
2. In the calculation of financial institutions’ balance sheet, data are from the NFRA and the CSRC.
