China's banking assets break through 60 trillion non-performing loans continue to double down

The CBRC issued the 2008 Report of China Banking Regulatory Commission 1st.　　In 2008, the total assets of the banking institutions broke through 60 trillion for the first time, reaching 62.4 trillion yuan, equivalent to 207.5% of gross domestic product, up 18.6% from the beginning of the year. According to the report, the overall weighted average capital adequacy ratio of commercial banks reached 12%, up 3.7% from the previous year, exceeding the minimum level of international regulatory requirements, 204 of the standard banks, 43 more than the previous year, and the standard bank assets accounted for 99.9% of the total assets of the commercial banks; in 2003,　　The Standard Bank has only 8, accounting for only 0.6%.　　At the same time, China's banking sector has a sound development of a good situation, non-performing loans and non-performing loans continue to maintain a "double decline", as at the end of 2008, commercial banks by loans five-class non-performing loan balance of 560.3 billion yuan, lower than the beginning of the year 708.2 billion yuan, non-performing loan rate of 2.4%, compared At the same time, commercial banks raised their reserve and Iffong by the end of 2008, with a 116.4% increase in coverage, up from 75.2% at the beginning of the year. Profitability is further enhanced to achieve after-tax profit of 583.4 billion yuan, capital profit margin of 17.1%, asset profit margin of 1%. (Ouyangjie)