By the end of the first quarter, the balance of inclusive small and micro enterprise loans exceeded 35 trillion yuan, a year-on-year increase of 12.5%.
The China Banking and Insurance Regulatory Commission disclosed the data of major regulatory indicators for the banking and insurance industries in the first quarter of 2025 on the evening of the 16th. By the end of the first quarter of 2025, the total assets of financial institutions in China's banking industry in both domestic and foreign currencies reached 45.83 trillion yuan, an increase of 6.7% compared to the same period last year. The total assets of financial institutions in the insurance industry were 3.78 trillion yuan, an increase of 0.19 trillion yuan from the beginning of the year, representing a growth of 5.4%. Both the banking and insurance industries have seen an increase in total assets. Financial services in both industries have been continuously strengthened this year. By the end of the first quarter of 2025, the balance of loans to inclusive small and micro enterprises in the banking industry was 3.53 trillion yuan, an increase of 12.5% year-on-year. The balance of inclusive agricultural loans was 1.37 trillion yuan, an increase of 79.55 billion yuan from the beginning of the year. In the first quarter of 2025, insurance companies had an original insurance premium income of 2.2 trillion yuan, an increase of 0.8% year-on-year; claims and benefits paid out were 827.4 billion yuan, an increase of 12.2% year-on-year; and the number of new insurance policies was 24.9 billion, an increase of 20.7% year-on-year.
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