China Banking and Insurance Regulatory Commission: At the end of the second quarter, the total assets of banking financial institutions in China reached 46.73 trillion yuan, a year-on-year increase of 7.9%.

The China Banking and Insurance Regulatory Commission released data on the main regulatory indicators for the banking and insurance industries in the second quarter of 2025. By the end of the second quarter of 2025, the total assets of financial institutions in China's banking industry amounted to 46.73 trillion yuan, a year-on-year increase of 7.9%. Among them, the total assets of large commercial banks amounted to 20.42 trillion yuan, a year-on-year increase of 10.4%, accounting for 43.7%; the total assets of joint-stock commercial banks amounted to 7.57 trillion yuan, a year-on-year increase of 5%, accounting for 16.2%. Translated from the original text: Data on the Main Regulatory Indicators of the Banking and Insurance Industries in the Second Quarter of 2025 I. Total assets of the banking and insurance industries continue to grow By the end of the second quarter of 2025, the total assets of financial institutions in China's banking industry amounted to 46.73 trillion yuan, a year-on-year increase of 7.9%. Among them, the total assets of large commercial banks amounted to 20.42 trillion yuan, a year-on-year increase of 10.4%, accounting for 43.7%; the total assets of joint-stock commercial banks amounted to 7.57 trillion yuan, a year-on-year increase of 5%, accounting for 16.2%. By the end of the second quarter of 2025, the total assets of insurance companies and insurance asset management companies amounted to 3.92 trillion yuan, an increase of 330 billion yuan from the beginning of the year, a growth of 9.2%. Among them, property insurance companies had assets of 320 billion yuan, an increase of 9.5% from the beginning of the year; life insurance companies had assets of 3.43 trillion yuan, an increase of 8.8% from the beginning of the year; reinsurance companies had assets of 86.07 billion yuan, an increase of 4% from the beginning of the year; insurance asset management companies had assets of 133.8 billion yuan, an increase of 4.7% from the beginning of the year. II. Financial services in the banking and insurance industries continue to strengthen By the end of the second quarter of 2025, the balance of inclusive loans to small and micro enterprises in the banking industry amounted to 36 trillion yuan, a year-on-year increase of 12.3%. The balance of inclusive agricultural loans amounted to 13.9 trillion yuan, an increase of 1.1 trillion yuan from the beginning of the year. In the first half of 2025, the original insurance premiums of insurance companies amounted to 3.7 trillion yuan, a year-on-year increase of 5.1%; claims and benefits paid amounted to 1.3 trillion yuan, a year-on-year increase of 9%; the number of new insurance policies amounted to 52.4 billion, a year-on-year increase of 11.1%. III. Overall stability of credit asset quality in commercial banks By the end of the second quarter of 2025, the balance of non-performing loans in commercial banks (on a legal entity basis) was 3.4 trillion yuan, a decrease of 24 billion yuan from the end of the previous quarter; the non-performing loan ratio of commercial banks was 1.49%, a decrease of 0.02 percentage points from the end of the previous quarter. By the end of the second quarter of 2025, the balance of normal loans in commercial banks was 226.8 trillion yuan, including 221.8 trillion yuan of normal loans and 5 trillion yuan of watch loans. IV. Overall strong risk coverage capacity of commercial banks In the first half of 2025, commercial banks achieved a cumulative net profit of 1.2 trillion yuan. By the end of the second quarter of 2025, the average capital profit rate was 8.19%. The average asset profit rate was 0.63%. By the end of the second quarter of 2025, the balance of loan loss reserves of commercial banks was 730 billion yuan, an increase of 126.9 billion yuan from the end of the previous quarter; the provision coverage ratio was 211.97%, an increase of 3.84 percentage points from the end of the previous quarter; the loan provision ratio was 3.16%, an increase of 0.01 percentage points from the end of the previous quarter. By the end of the second quarter of 2025, the capital adequacy ratio of commercial banks (excluding branches of foreign banks) was 15.58%, an increase of 0.30 percentage points from the end of the previous quarter; the Tier 1 capital adequacy ratio was 12.46%, an increase of 0.28 percentage points from the end of the previous quarter; the core Tier 1 capital adequacy ratio was 10.93%, an increase of 0.24 percentage points from the end of the previous quarter. V. Stable liquidity indicators of commercial banks By the end of the second quarter of 2025, the liquidity coverage ratio of commercial banks was 149.25%, an increase of 3.05 percentage points from the end of the previous quarter; the net stable funding ratio was 127.59%, an increase of 0.02 percentage points from the end of the previous quarter; the liquidity ratio was 79.90%, an increase of 3.75 percentage points from the end of the previous quarter; the RMB excess reserve ratio was 1.53%, an increase of 0.33 percentage points from the end of the previous quarter; the loan-to-deposit ratio (on a domestic RMB basis) was 80.34%, an increase of 0.33 percentage points from the end of the previous quarter. VI. Sufficient solvency of the insurance industry By the end of the second quarter of 2025, the comprehensive solvency adequacy ratio of the insurance industry was 204.5%, and the core solvency adequacy ratio was 147.8%. Among them, the comprehensive solvency adequacy ratios of property insurance companies, life insurance companies, and reinsurance companies were 240.6%, 196.6%, and 250.5% respectively; the core solvency adequacy ratios were 211.2%, 134.3%, and 219.6% respectively. This article is selected from the official website of the China Banking and Insurance Regulatory Commission, translated by GMTEight, edited by Liu Jiayin.