CBRC: China banking sector assets up 10% y/y at end-October

According to the latest data published by the China Banking Regulatory Commission (CBRC) said on Monday, the value of assets held by China’s banking sector rose 10% to 241.58 trillion Yuan ($36.61 trillion) as of end-October compared with a year earlier, Reuters reports.

CBRC noted that the liabilities rose 10% y/y to 222.66 trillion Yuan.