The China Banking and Insurance Regulatory Commission published its Q1 2025 statistical indicators for the banking and insurance sectors, showing continued balance-sheet expansion, growth in inclusive finance lending, broadly stable commercial-bank credit quality, and solvency and liquidity ratios remaining within reported parameters. By end-Q1 2025, banking financial institutions’ total assets (domestic and foreign currency) reached CNY 458.3 trillion, up 6.7% year on year, including CNY 198.5 trillion for large commercial banks (up 7.3%, 43.3% share) and CNY 75.5 trillion for joint-stock commercial banks (up 5.2%, 16.5% share). Insurance financial institutions’ total assets (excluding professional insurance intermediaries) were CNY 37.8 trillion, up CNY 1.9 trillion from the start of the year (+5.4%). Inclusive finance lending balances included CNY 35.3 trillion of loans to small and micro enterprises (+12.5% year on year) and CNY 13.7 trillion of inclusive agriculture-related loans (up CNY 795.5 billion from the start of the year). Commercial banks (legal-entity basis) reported non-performing loans of CNY 3.4 trillion, up CNY 157.4 billion quarter on quarter, with an NPL ratio of 1.51% (+0.01 percentage points), alongside net profit of CNY 656.8 billion in Q1; loan loss provisions of CNY 7.2 trillion; a provision coverage ratio of 208.13%; and capital adequacy ratios (excluding foreign bank branches) of 15.28% (total), 12.18% (Tier 1) and 10.70% (core Tier 1), calculated under the capital rules effective from 1 January 2024. Liquidity metrics included an LCR of 146.20% (for banks with assets above CNY 200 billion) and an NSFR of 127.57%, while insurers reported a comprehensive solvency adequacy ratio of 204.5% and a core solvency adequacy ratio of 146.5%.
China Banking and Insurance Regulatory Commission 2025-05-16
China Banking and Insurance Regulatory Commission releases Q1 2025 indicators showing 6.7% banking asset growth, a 1.51% NPL ratio and 204.5% insurance solvency
The China Banking and Insurance Regulatory Commission's Q1 2025 report shows a 6.7% year-on-year increase in banking financial institutions' total assets to CNY 458.3 trillion, with large commercial banks holding 43.3%. Inclusive finance lending grew, especially in loans to small and micro enterprises, while commercial banks maintained a non-performing loan ratio of 1.51%. Solvency and liquidity ratios remained robust, with banks reporting a liquidity coverage ratio of 146.20% and insurers a solvency adequacy ratio of 204.5%.