The Central Bank of the Republic of China published preliminary end-2024 balance sheet statistics for financial institutions, showing total assets of 495.59 trillion and total liabilities of 452.17 trillion, both up 7.5% year on year. Financial sector owners’ equity totalled 43.42 trillion, up 7.7%. Banking institutions reported assets of 444.57 trillion (+6.5%), liabilities of 408.11 trillion (+6.5%) and equity of 36.46 trillion (+6.7%). Securities-sector institutions reported assets of 15.11 trillion (+9.1%), liabilities of 11.48 trillion (+10.0%) and equity of 3.64 trillion (+6.4%), while insurance institutions reported assets of 35.91 trillion (+19.9%), liabilities of 32.58 trillion (+19.7%) and equity of 3.32 trillion (+21.6%). The totals aggregate banking, securities and insurance institutions, with banking defined as incorporated financial institutions including overseas branches but excluding the central bank, securities covering securities, futures and fund companies with securities and futures firms’ assets including both proprietary and client assets, and insurance covering non-life, life, reinsurance, insurance groups and insurance asset managers.
Central Bank of the Republic of China 2025-03-20
Central Bank of the Republic of China reports preliminary end-2024 financial sector assets of 495.59 trillion
The Central Bank of the Republic of China released preliminary end-2024 balance sheet statistics, indicating a 7.5% year-on-year increase in total assets and liabilities for financial institutions, reaching 495.59 trillion and 452.17 trillion, respectively. Owners’ equity in the financial sector rose by 7.7% to 43.42 trillion. Notable growth was observed in the insurance sector, with assets up 19.9% and equity up 21.6%.