Central Bank and China Banking and Insurance Regulatory Commission: Identify 21 domestic systemically important banks

Recently, the People's Bank of China and the China Banking and Insurance Regulatory Commission conducted the 2025 annual assessment of systemically important banks in China, identifying 21 domestic systemically important banks, including 6 commercial banks, 10 joint-stock commercial banks, and 5 city commercial banks. These banks were divided into five groups based on their systemic importance scores. The first group consists of 11 banks, including China Minsheng Banking Corp., Ltd., CEB BANK, Ping An Bank, Hua Xia Bank, Bank Of Ningbo, Bank Of Jiangsu, Bank Of Beijing, Bank Of Nanjing, Guangfa Bank, China Zheshang Bank, and Bank of Shanghai; the second group consists of 4 banks, including Industrial Bank, CITIC BANK, Shanghai Pudong Development Bank, and China Postal Savings Bank; the third group consists of 2 banks, including BANKCOMM and China Merchants Bank; the fourth group consists of 4 banks, including Industrial and Commercial Bank of China, BANK OF CHINA, China Construction Bank Corporation, and Agricultural Bank Of China; and the fifth group currently has no banks included. In the next step, the People's Bank of China and the China Banking and Insurance Regulatory Commission will, in accordance with the "Regulations on Additional Supervision of Systemically Important Banks (Trial)", leverage the synergy between macro-prudential management and micro-prudential supervision, continuously strengthen the additional supervision of systemically important banks, promote the safe and sound operation and healthy development of systemically important banks, and better serve the high-quality development of the real economy. This article is selected from the official website of the People's Bank of China, edited by GMTEight: Liu Jiayin.