Yesterday, central bank vice governor Liu Yu disclosed, as at 11 at the end of 2010, the total assets of banking institutions exceeded 92 trillion yuan.
Yesterday, the central bank released a signed article Liu Yu, an increase of 1.47 times at the beginning; the subject of commercial bank capital adequacy ratio by the Whether by asset size, asset quality, profitability measurement, or by the capital adequacy ratio, liquidity ratio measures the current strength of China's banking sector as a whole are the best period in history.
article also disclosed that the securities industry has expanded rapidly and further develop the capital market functions, in the increasingly important role in the national economy. As of the end of 2010, 10, 106 securities firms total assets of more than 2.24 trillion yuan, 62 fund companies in assets under management more than 2.51 trillion yuan, respectively, than the The insurance company's capital strength has been enhanced as optimize the financial structure and improve the efficiency of financial markets, an important force in the allocation of resources. As of 11 at the end of 2010, the insurance industry reached 4.9 trillion yuan of total assets, than the
Liu Yu pointed out that through the reform of China's financial industry has undergone historic changes, significantly increased the strength of financial institutions.
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