October 9 – The size of China's shadow banking market reached 20.5 trillion yuan as at the end of 2012, equivalent to 40% of gross domestic product and 16% of total banking assets, according to a report released by the Chinese Academy of Social Sciences. The huge amount is a cause for concern over the nation's economic and financial stability.
September 25 – China's central bank governor Zhou Xiaochuan said entry threshold would be lowered for private capital to set up banks at their own risks in a move to increase competition in the industry. The remark came after Chinese Internet giants, including Alibaba, Tencent and Suning, took steps in online financial services tailored for small firms.
September 25 – China's banking sector had 141.67 trillion yuan in assets and 132.15 trillion yuan in liabilities as at the end of August, up 14.5% and 14.4% respectively from a year earlier, according to the banking regulator.
September 23 – Bancassurance premium incomes at Chinese life insurers totaled 29.2 billion yuan in August, down 2% from the month before, Beijing Business Today reported, without saying where it got the information. The decline was eased much from the 40% month on month drop in July.
September 22 – China's financial regulators have preliminarily decided to allow commercial banks to trade government bond futures in January 2014, with 30 billion yuan to start with, according to a person familiar with the matter.
September 17 – The size of non-performing loans at Chinese commercial banks is expected to grow at least 5% this year and the non-performing loan ratio is expected to rise to between 1% and 2% from between 0.95% and 1.5% at the end of 2012, according to a report released by China Orient Asset Management Corp.
September 11 – The number of banks in China issued wealth management products totaled 115 in August, down slightly from 116 banks in July, according to CNBenefit. They issued a total of 3,181 WMPs in August, down 3.6% from the month before.
September 11 – Chinese banks are the most profitable banks in the world, and they were responsible for 1/3 of global banking profits in 2012, Wing Lung Bank chairman Ma Weihua said at the World Economic Forum – Davos 2013.
September 10 – New Renminbi loans totaled 711 billion yuan in August, up 1% year on year and up 2% month on month, according to central bank figures. Total social financing rebounded strongly, up 20.5% year on year in August. Corporate loans, which fell 11% year on year and 5% month on month, skewed toward medium and long-term infrastructure projects
September 6 – China's interbank business assets and liability has risen 32.7% and 24.4% annually respectively in the 3 years through June 2013, the China Securities Journal reported, citing Hu Xiaodong, deputy governor of the People's Bank of China. Interbank business has become a popular approach for commercial banks to manage liquidity and increase profits, while the rapid expansion of the business has posed a threat to the central bank's monetary policies aimed at avoiding financial risks as some banks used interbank lending to get around regulatory requirements.
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