Data of major regulatory indicators of banking and insurance industry in the third quarter of 2020 From China Banking and Insurance Regulatory Commission

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The following is the Data of major regulatory indicators of banking and insurance industry in the third quarter of 2020 From China Banking and Insurance Regulatory Commission recommended by recordtrend.com. And this article belongs to the classification: China’s economy.

1、 The total assets of banking and insurance industries grew steadily

At the end of the third quarter of 2020, the domestic and foreign currency assets of China’s banking financial institutions reached 315.2 trillion yuan, an increase of 10.5% year-on-year. Among them, the domestic and foreign currency assets of large commercial banks reached 128.3 trillion yuan, accounting for 40.7%, and the total assets increased by 10.6% year-on-year; the domestic and foreign currency assets of joint-stock commercial banks were 56.4 trillion yuan, accounting for 17.9%, and the total assets increased by 12.6% year-on-year.

At the end of the third quarter of 2020, the total assets of insurance companies reached 22.4 trillion yuan, an increase of 1.9 trillion yuan over the beginning of the year, and an increase of 9.1% over the beginning of the year. Among them, the total assets of property insurance companies were 2.4 trillion yuan, an increase of 3.9% over the beginning of the year; the total assets of life insurance companies were 19.1 trillion yuan, an increase of 12.6%; the total assets of reinsurance companies were 494.9 billion yuan, an increase of 16.1% over the beginning of the year; the total assets of insurance asset management companies were 66.2 billion yuan, an increase of 3.3% over the beginning of the year.

2、 Banking and insurance continue to strengthen financial services

By the end of the third quarter of 2020, the balance of loans for small and micro enterprises (including loans for small and micro enterprises, loans for individual businesses and loans for owners of small and micro enterprises) reached 42.0 trillion yuan, including 14.8 trillion yuan of loans for inclusive small and micro enterprises with a total credit amount of 10 million yuan or less, an increase of 26.5% over the beginning of the year. Loans for affordable housing projects reached 6.6 trillion yuan, up 1.9% year on year.

In the first three quarters of 2020, the original insurance premium income of insurance companies was 3.7 trillion yuan, with a year-on-year growth of 7.2%. Compensation and payment expenses were 998.9 billion yuan, up 6.1% year on year. The number of insurance policies increased steadily. In the first three quarters of 2020, 35.7 billion new insurance policies were added, with a year-on-year increase of 7.7%.

3、 The quality of credit assets of commercial banks is basically stable

The non-performing loan ratio of commercial banks increased by 0.98 trillion yuan from the end of the first quarter to the end of the second quarter, an increase of 1.84 trillion yuan compared with the end of the last quarter of 2020.

By the end of the third quarter of 2020, the balance of normal loans of commercial banks reached 142 trillion yuan, including 138 trillion yuan of normal loans and 3.8 trillion yuan of special interest loans.

4、 The profit of commercial banks decreased year on year, and the decline rate was narrowed, and the risk compensation ability was relatively sufficient

In the first three quarters of 2020, the cumulative net profit of commercial banks was 1.5 trillion yuan, a year-on-year decrease of 8.3%, and the decrease rate was 1.1 percentage points lower than that in the first half of the year. The average return on capital was 10.05%. The average return on assets of commercial banks was 0.80%, down 0.02 percentage points from the end of last quarter.

At the end of the third quarter of 2020, the balance of loan loss provision of commercial banks was 5.1 trillion yuan, an increase of 108.6 billion yuan compared with the end of last quarter; the provision coverage rate was 179.9%, decreased by 2.52 percentage points compared with the end of last quarter; loan provision ratio was 3.53%, decreased by 0.01 percentage point compared with the end of last quarter.

At the end of the third quarter of 2020, the core tier one capital adequacy ratio of commercial banks (excluding foreign bank branches) was 10.44%, down 0.02 percentage points compared with the end of the previous quarter; the first tier capital adequacy ratio was 11.67%, up 0.07 percentage points compared with the end of the previous quarter; the capital adequacy ratio was 14.41%, up 0.20 percentage points compared with the end of last quarter.

5、 The liquidity level of commercial banks remains stable

At the end of the third quarter of 2020, the liquidity coverage rate of commercial banks 3 was 138.67%, 3.79 percentage points lower than that at the end of the previous quarter; the liquidity ratio was 58.63%, up 0.44 percentage points compared with the end of the previous quarter; the RMB excess reserve ratio was 1.80%, decreased by 0.11 percentage points compared with the end of last quarter; the deposit loan ratio (RMB domestic caliber) was 75.46%, up 0.86 percentage points compared with the end of last quarter.

6、 Solvency of insurance industry

At the end of the second quarter of 2020, the average comprehensive solvency adequacy ratio of insurance companies included in the statistical scope was 242.6%, and the core solvency adequacy ratio was 230.4%; 99 insurance companies were rated as a, 72 as B, 5 as C and 1 as D.

1. Since 2019, the postal savings bank has been included in the “commercial bank” summary

According to the regulatory provisions, commercial banks should divide loans into five categories: normal, concerned, subordinated, suspicious and loss, the first two are normal loans, and the last three are collectively called non-performing loans. In the normal loan, the concerned loan refers to the loan that the borrower is able to repay the principal and interest of the loan, but there are some factors that may have an adverse effect on the repayment.

3. The liquidity coverage ratio is the aggregate data of commercial banks with assets of more than 200 billion yuan.

More reading: CBRC: data of major regulatory indicators of banking and insurance industry in the second quarter of 2020 people’s Bank of China: questionnaire survey report of urban depositors in the first quarter of 2019 people’s Bank of China: 2018 Q1 China monetary policy implementation report (attached download) sharing opportunities: impact of China International Import Expo on commercial real estate market (download attached) China Bureau of Statistics: 2018 China’s largest foreign capital payment think tank in 2020 Economic and capital market outlook 2020 · Jingshan report agricultural international: economic outlook and investment strategy in the second half of 2020

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