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Banking assets keep a stable growth
2010-02-08 06:53:00
The Ningbo Banking Supervision Administration announced that last year the banking institutions of Ningbo kept a sound and stable growth with the total amount of assets growing steadily and constant dropping of the dropping of the non-performing loan rate. The loan quality keeps a sound level.
By the end of 2009, the total amount of currency assets reached 1,031.7 billion yuan, an increase of 237.6 billion, up 29.93% over the same period last year. The five major banks (ICBC, CCB, BOC, CCB, and BOC) 424 billion yuan, an increase of 94 billion yuan, accounting fro 41.08% of the total of the banks of Ningbo. The assets of commercial banks totaled 412 billion yuan, an increase of 106 billion yuan, accounting for 39.9%. The assets of rural cooperatives totaled 113.8 billion yuan, an increase of 17.8 billion, accounting for 11.03%. 
By the end of 2009, the non-performing assets went over 9.92 billion yuan, an increase of 1.927 billion, with the rate reaching 1.29%, down 0.09 percentage points.
 
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