On February 24, the website of Shanghai Banking and Insurance Regulatory Bureau released the data of main regulatory indicators of banking and insurance industry within its jurisdiction in January 2022. Overall, Bank Of Shanghai Co.Ltd(601229) industry’s assets and liabilities grew steadily and asset quality maintained a good level; Shanghai’s insurance industry has developed steadily.
The assets and liabilities of Bank Of Shanghai Co.Ltd(601229) industry increased steadily
In January 2022, the total balance of domestic and foreign currency assets of banking financial institutions within the jurisdiction of Shanghai was 21.16 trillion yuan, a year-on-year increase of 10.54%. The total balance of domestic and foreign currency assets of commercial banks was 18.46 trillion yuan, a year-on-year increase of 9.63%, of which the balance of domestic and foreign currency assets of large commercial banks was 7.57 trillion yuan, a year-on-year increase of 11.55%; The balance of domestic and foreign currency assets of joint-stock commercial banks was 5.10 trillion yuan, a year-on-year increase of 11.88%.
In January 2022, the total balance of domestic and foreign currency liabilities of banking financial institutions within the jurisdiction of Shanghai was 20.26 trillion yuan, a year-on-year increase of 10.54%. The total balance of domestic and foreign currency liabilities of commercial banks was 17.89 trillion yuan, a year-on-year increase of 9.58%, of which the balance of domestic and foreign currency liabilities of large commercial banks was 7.50 trillion yuan, a year-on-year increase of 11.40%; The balance of domestic and foreign currency liabilities of joint-stock commercial banks was 5.09 trillion yuan, a year-on-year increase of 11.99%.
In terms of asset quality, in January 2022, the balance of domestic and foreign currency non-performing loans of banking financial institutions within the jurisdiction of Shanghai was 80.286 billion yuan, with a non-performing loan ratio of 0.82%; Among them, the balance of non-performing loans in domestic and foreign currencies of commercial banks was 57.308 billion yuan, with a non-performing loan ratio of 0.72%.
the operation of Shanghai insurance industry has developed steadily
In January 2022, the original insurance premium income of insurance companies in Shanghai totaled 38.6 billion yuan, including 8.9 billion yuan for property insurance companies and 29.7 billion yuan for life insurance companies.
In January 2022, the original insurance compensation expenditure of insurance companies in Shanghai totaled 8.6 billion yuan, including 3.2 billion yuan for property insurance companies and 5.3 billion yuan for life insurance companies.
In January 2022, there were 344.8 million insurance policies issued by insurance companies in Shanghai, including 343.88 million property insurance companies and 920000 life insurance companies.
