Financial institutions' assets reach $23.6 trln: CBRC

Assets of financial institutions in China stood at 143.7 trillion yuan ($23.6 trillion) as of the end of October, up 14.3 percent year-on-year, according to the China Banking Regulatory Commission.

The total debts held by these institutions amounted to 133.9 trillion yuan in the first three quarters, increasing 14.1 percent from the same period last year.

The total assets of major commercial banks were 61.1 trillion yuan, which accounted for 42.5 percent of the total, increasing 9 percent year-on-year.

They held 56.8 trillion yuan in debts, an increase of 8.7 percent year-on-year.

Joint-stock banks held 26.2 trillion yuan in assets, which accounted for 18.2 of the total, increasing 19.4 percent year-on-year.

Their debts increased 19.3 percent from the same period of the previous year to 24.6 trillion yuan.