CBIRC Data Highlight that Banking and Insurance Sectors Remain Healthy

The proportion of liquidity, liquidity coverage, and net stable funds reached 55.8%, 140.2% and 122.1%, respectively. The main liquidity indicators of small and medium-size banks generally met the regulatory requirements. Risk resilience remains stable. At the end of July, the provision coverage ratio of commercial banks was 188.1%, an increase of 10.3 percentage points over the same period of the previous year. With more innovative tools to supplement capital through multiple channels, commercial banks have issued more than CNY 700 billion of non-fixed-term bonds and second-class capital bonds this year, further strengthening their capital and consolidating their risk resistance. At present, the capital adequacy ratio of commercial banks has reached 14.12%, an increase of 0.58 percentage points over the same period of the previous year. The insurance companies' comprehensive solvency adequacy ratio was 245.3% and the core solvency adequacy ratio was 233.4%, both of which remained within a reasonable range.

Related Link (in Chinese): News Release

Keywords: Asia Pacific, China, Banking, Insurance, NPLs, Capital Adequacy, Liquidity Risk, NSFR, Basel, CBIRC