Chinese economyresearch report

Financial operation report of Hubei Province From People’s Bank of China

The following is the Financial operation report of Hubei Province From People’s Bank of China recommended by recordtrend.com. And this article belongs to the classification: Chinese economy, research report.

At the end of 2021, the total assets of banking financial institutions in the province were 9.5 trillion yuan, an increase of 8.9% year-on-year, down 0.7 percentage points from the previous year; Total liabilities were 9.1 trillion yuan, an increase of 8.6% year-on-year, down 1.2 percentage points from the previous year.

At the end of 2021, the balance of domestic and foreign currency loans in the province was 6.7 trillion yuan, an increase of 12.0% year-on-year, 0.7 percentage points higher than the national level, 2.6 percentage points lower than the previous year, an increase of 716.61 billion yuan over the beginning of the year, a year-on-year decrease of 46.34 billion yuan, and the new loans continued to rank first in the six provinces in Central China.

In 2021, financial institutions in the province took the initiative to adjust off balance sheet businesses, and the total off balance sheet financing decreased by 129.81 billion yuan.

In 2021, the provincial property insurance premium income was 37.98 billion yuan, an increase of 2.6% year-on-year. Among them, the premium income of automobile insurance was 26.71 billion yuan, a year-on-year decrease of 3.1%, the premium income of liability insurance was 2.89 billion yuan, a year-on-year increase of 4.8%, and the premium income of agricultural insurance was 3 billion yuan, a year-on-year increase of 36.5%.

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