Economy

Announcement of the List of Systematically Important Banks in China

2026-02-14   

On February 13th, it was learned from the People's Bank of China that the People's Bank of China and the State Administration of Financial Supervision and Administration have recently conducted an evaluation of China's systemically important banks for the year 2025, identifying 21 domestic systemically important banks, including 6 state-owned commercial banks, 10 joint-stock commercial banks, and 5 urban commercial banks. The list aims to establish a comprehensive macro prudential management system and strengthen the supervision of systemically important financial institutions. It is reported that China's systemically important banks are divided into five groups based on their scores from low to high: the first group consists of 11 banks, including China Minsheng Bank, China Everbright Bank, Ping An Bank, Huaxia Bank, Ningbo Bank, Jiangsu Bank, Beijing Bank, Nanjing Bank, Guangfa Bank, Zhejiang Commercial Bank, and Shanghai Bank; The second group consists of four banks, including Industrial Bank, China CITIC Bank, Shanghai Pudong Development Bank, and China Postal Savings Bank; The third group consists of two banks, including Bank of Communications and China Merchants Bank; The fourth group consists of four banks, including Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China; There are currently no banks entering the fifth group. According to relevant personnel from the People's Bank of China, in the next step, the People's Bank of China and the State Administration of Financial Supervision will leverage the synergy of macro prudential management and micro prudential supervision, continuously strengthen the additional supervision of systemically important banks, promote the safe and stable operation and healthy development of systemically important banks, and better serve the high-quality development of the real economy. (New Society)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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