China News Service, Shanghai, April 28 (Reporter Jiang Yu) Statistics released by the Shanghai Banking and Insurance Regulatory Bureau on the 28th show that in the first quarter of this year, despite being in a new coronary pneumonia epidemic, facing the complicated economic and financial situation at home and abroad, the Bank of Shanghai The insurance industry is still operating smoothly, with total assets rising.
In the banking industry, as of the end of the first quarter, the total balance of Shanghai banking industry was 17.24 trillion yuan (RMB, the same below), an increase of 10.94% year-on-year, of which the balance of total assets of foreign banks in Shanghai was 1.46 trillion yuan, an increase of 8.69% year-on-year. In the current quarter, the balance of various deposits in the Shanghai banking industry was 11.4 trillion yuan, a year-on-year increase of 10.94%; the balance of various loans was 7.99 trillion yuan, a year-on-year increase of 4.93%; and the non-performing loan ratio was 0.95%.
In the insurance industry, as of the end of the first quarter, Shanghai ’s total insurance industry assets were 949.39 billion yuan, an increase of 7.5% over the beginning of the year; premium income in the first quarter was 56.06 billion yuan, and compensation and payment expenditure was 14.31 billion yuan, providing a total of 296.37 trillion yuan in risk protection for the entire society yuan.
In the first quarter of this year, the Shanghai banking industry issued a total of 88.89 billion yuan of new crown epidemic prevention and control loans, and the cumulative total capital cost of epidemic prevention and control loans was 3.37%. The cumulative principal and interest reduction for enterprises severely affected by the epidemic was 35.17 million yuan. The Shanghai insurance industry has accumulatively compensated 726 corporate customers affected by the epidemic, with a compensation amount of 59.72 million yuan; 88 new-pneumonitis customers were compensated, and the amount of compensation was 14.14 million yuan. (Finish)