ChineseEnglish
SAFE News
  • Index number:
    000014453-2024-0021
  • Dispatch date:
    2024-03-28
  • Publish organization:
    State Administration of Foreign Exchange
  • Exchange Reference number:
  • Name:
    SAFE Releases Data on External Financial Assets and Liabilities of China's Banking Sector as at the End of 2023
SAFE Releases Data on External Financial Assets and Liabilities of China's Banking Sector as at the End of 2023

As at the end of 2023, China's banking sector recorded external financial assets of USD 1490.1 billion, external liabilities of USD 1320.5 billion, and net external assets of USD 169.6 billion, including net RMB liabilities of USD 287.3 billion and net foreign currency assets of USD 456.8 billion.

Among the external financial assets of the banking sector, by instrument, deposits and loans were USD 935.1 billion, bonds investment, USD 338.0 billion, and other assets including equity, USD 217.0 billion, accounting for 63 percent, 23 percent and 15 percent of the sector's total external financial assets respectively. By currency, RMB assets were USD 344.3 billion, USD assets were USD 827.7 billion, and other currency assets were USD 318.1 billion, accounting for 23 percent, 56 percent and 21 percent respectively. By counterpart sector, the amount invested in the overseas banking sector was USD 754.9 billion, accounting for 51 percent; the amount invested in the overseas non-banking sector was USD 735.1 billion, accounting for 49 percent.

Among the external liabilities of the banking sector, by instrument, deposits and loans were USD 726.8 billion, bonds investment, USD 259.8 billion, and other liabilities including equity, USD 333.9 billion, accounting for 55 percent, 20 percent and 25 percent of the sector's total external liabilities respectively. By currency, RMB liabilities were USD 631.5 billion, USD liabilities, USD 417.9 billion, and other currency liabilities, USD 271.1 billion, accounting for 48 percent, 32 percent and 21 percent respectively. By counterpart sector, USD 572.6 billion was from overseas banking sector, accounting for 43 percent; while USD 747.9 billion was from overseas non-banking sector, accounting for 57 percent. (End)

The English translation may only be used as a reference. In case a different interpretation of the translated information contained in this website arises, the original Chinese shall prevail.

Contact Us | For Home | Join Collection

State Administration of Foreign Exchange