China banking sector assets up 10 percent year-on-year at end-October: regulator

BEIJING (Reuters) – The value of assets held by China’s banking sector rose 10.0 percent to 241.58 trillion yuan ($36.61 trillion) as of end-October compared with a year earlier, the China Banking Regulatory Commission (CBRC) said on Monday.

Liabilities rose 10.0 percent from a year earlier to 222.66 trillion yuan, it said on its website.

($1 = 6.5985 Chinese yuan renminbi)