Healthy rise in lenders' assets

Total assets of Chinese financial institutions grew by 14.4 percent year-on-year during to 145.33 trillion yuan ($23.9 trillion), statistics provided by the China Banking Regulatory Commission said on Wednesday.

The total assets clocked a growth of over 1.63 trillion yuan from the levels during the end of November.

Financial institutions attract more deposits towards the end of the year to ease capital pressure, and this is reflected in the healthy growth in assets.

Total debts of financial institutions stood at 135.38 trillion yuan, a 14.2 percent growth over the same period last year.

Banks, the biggest group among financial institutions in China, had by the end of November, between them 61.41 trillion yuan in assets, accounting for 42.3 percent of the total.

Joint-stock banks held 26.64 trillion yuan in assets, accounting for 18.3 percent of the total.