China News Service, March 28. According to the WeChat public account of the State Administration of Foreign Exchange, at the end of 2023, my country's banking industry's external financial assets were US$1.4901 billion, external liabilities were US$1.3205 billion, and external net assets were US$169.6 billion, of which RMB net liabilities were US$2,873. billion US dollars, with net foreign currency assets of US$456.8 billion.
Among the banking industry’s external financial assets, broken down by instrument, deposit and loan assets were US$935.1 billion, bond assets were US$338 billion, and other assets such as equity were US$217 billion, accounting for 63%, 23%, and 15% of the banking industry’s external financial assets respectively. In terms of currencies, RMB assets were US$344.3 billion, US dollar assets were US$827.7 billion, and assets in other currencies were US$318.1 billion, accounting for 23%, 56% and 21% respectively. In terms of investment sectors, US$754.9 billion was invested in the overseas banking sector, accounting for 51%; US$735.1 billion was invested in the overseas non-bank sector, accounting for 49%.
Among the banking industry’s external liabilities, broken down by instrument, deposit and loan liabilities were US$726.8 billion, bond liabilities were US$259.8 billion, and other liabilities such as equity were US$333.9 billion, accounting for 55%, 20%, and 25% of the banking industry’s external liabilities respectively. In terms of currencies, RMB liabilities were US$631.5 billion, US dollar liabilities were US$417.9 billion, and liabilities in other currencies were US$271.1 billion, accounting for 48%, 32% and 21% respectively. In terms of source sectors, US$572.6 billion came from the overseas banking sector, accounting for 43%; US$747.9 billion came from the overseas non-bank sector, accounting for 57%.