金融监管总局发布最新数据！股份行净息差环比回升

Core Insights - The banking and insurance sectors in China have shown stable performance, with significant growth in total assets and improvements in liquidity indicators [1][4] Banking Sector Performance - As of the end of Q3 2023, the total assets of China's banking institutions reached 474.3 trillion yuan, a year-on-year increase of 7.9%, with large commercial banks holding 208.1 trillion yuan, up 10% [1] - The net profit of commercial banks for the first three quarters of the year was 1.9 trillion yuan, remaining stable compared to the same period last year [2] - The net interest margin (NIM) for commercial banks was 1.42% at the end of Q3, stable compared to Q2 but down 11 basis points year-on-year [2] - The non-performing loan (NPL) balance for commercial banks was 3.5 trillion yuan, increasing by 883 billion yuan from the previous quarter, with an NPL ratio of 1.52%, up 0.03 percentage points [2] Insurance Sector Performance - The total assets of insurance companies and insurance asset management companies reached 40.4 trillion yuan, an increase of 4.5 trillion yuan since the beginning of the year, representing a growth of 12.5% [1] - Property insurance companies reported total assets of 3.2 trillion yuan, up 9.9% year-to-date, while life insurance companies reached 35.4 trillion yuan, growing by 12.3% [1] Liquidity Indicators - The liquidity coverage ratio for commercial banks was 149.73% at the end of Q3, up 0.48 percentage points from the previous quarter [4] - The net stable funding ratio stood at 127.67%, increasing by 0.08 percentage points, while the liquidity ratio was 80.10%, up 0.21 percentage points [4] Market Trends - The proportion of large commercial banks in the total assets of the banking sector reached a new high of 43.88% by the end of Q3, indicating their growing dominance in serving the real economy [3]