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On September 3, the Shanghai Financial Supervisory Authority released data showing that as of the end of July 2026, the total asset balance of banking financial institutions in Shanghai in local and foreign currency was 30.95 trillion yuan, an increase of 11.12% over the previous year. The total local and foreign currency asset balance of commercial banks was 27.29 trillion yuan, up 11.51% year on year. Among them, the balance of local and foreign currency assets of large commercial banks was 11.88 trillion yuan, up 13.77% year on year; the balance of local and foreign currency assets of joint-stock commercial banks was 7.32 trillion yuan, up 12.72% year on year.
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On September 3, the Shanghai Financial Supervisory Authority released data showing that as of the end of July 2026, the total asset balance of banking financial institutions in Shanghai in local and foreign currency was 30.95 trillion yuan, an increase of 11.12% over the previous year. The total local and foreign currency asset balance of commercial banks was 27.29 trillion yuan, up 11.51% year on year. Among them, the balance of local and foreign currency assets of large commercial banks was 11.88 trillion yuan, up 13.77% year on year; the balance of local and foreign currency assets of joint-stock commercial banks was 7.32 trillion yuan, up 12.72% year on year.
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