April 25, 2018 / 7:15 AM / in 6 months

China banking sector assets rise 7.6 pct to 249.63 trln yuan by end-March

BEIJING, April 25 (Reuters) - The value of assets held by China’s banking sector rose 7.6 percent to 249.63 trillion yuan ($39.54 trillion) as of end-March from the same period a year earlier, the China Banking and Insurance Regulatory Commission (CBIRC) said on Wednesday.

Liabilities rose 7.4 percent from a year earlier to 229.73 trillion yuan, it said on its website. ($1 = 6.3127 Chinese yuan) (Reporting by Beijing Monitoring Desk; Editing by Kim Coghill)

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