March 26, 2018 / 2:02 AM / 4 months ago

China banking sector total assets +8.0 pct y/y to 248.34 trln yuan at end-feb- regulator

March 26 (Reuters) - The value of assets held by China’s banking sector rose 8.0 percent year-on-year to 248.34 trillion yuan ($39.34 trillion) as of end-February, China Banking Regulatory Commission said on Monday.

Liabilities rose 7.7 percent from a year earlier to 228.65 trillion yuan, it said on its website.

$1 = 6.3120 Chinese yuan renminbi Reporting by Hong Kong newsroom Editing by Shri Navaratnam

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