Liabilities rose 14% to US$21.4 trillion, however.
The China Banking Regulatory Commission said the growth rate was 14.3% higher year-on-year and 0.8% higher than June. Liabilities were US$21.4 trillion, a year-on-year increase of 14%.
Assets of large commercial banks reached US$9.84 trillion, up 8.8% year-on-year and 1.5% higher than in June. This total accounted for 43% of the financial banking industry. The banks' total liabilities stood at US$9.16 trillion, 8.4% higher than last year.
Join
Asian Banking & Finance
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!