2020年上海银行保险资产均实现两位数增长 - 2021年02月10日

Shanghai’s banking and insurance sector provided strong support and risk guarantees to facilitate healthy development of the local economy in 2020, according to the local regulator.
At the end of 2020, total assets of the banking and insurance industries were 19.2 trillion yuan (US$2.97 trillion) and 883.2 billion yuan, respectively, an increase of 16.4 and 12.3 percent year on year, data from the Shanghai office of the China Banking and Insurance Regulatory Commission indicates.
Compared with the beginning of 2020, the balance of various loans in the banking industry increased by 515.4 billion yuan by the year end, and the annual indemnity and payment expenditures of the insurance industry stood at 63.1 billion yuan, greatly supporting the development of the real economy.