The increase in loan balances has increased by more than 2 times insurance compensation.

Tianshan News (Reporter Wang Yongfei) learned from the Xinjiang Banking and Insurance Bureau: As of the end of June, Xinjiang's loan balance increased by more than doubled compared with the end of 2012; the total amount of insurance compensation in Xinjiang in the first five months of this year increased by more than three times compared with the same period of 2012. In the past ten years, Xinjiang Bank's insurance industry has continued to improve its economic capacity.

The financial organization system is becoming increasingly perfect. As of the end of March, there were 3,755 banking financial institutions in Xinjiang and 2085 insurance institutions, an increase of 11.03%and 33.06%from the end of 2012. At present, a multi -level and functional complementary financial organization system has been formed.

"Especially the opening of the Bank of Xinjiang to help Xinjiang build a regional financial center. The operation of the Habibi Bank of Pakistan's Urumqi Branch provides effective financial services for the construction of the China -Pakistan Economic Corridor." Said Zhao Wei, director of the Xinjiang Banking Insurance Regulatory Bureau.

The wealth and improvement of the organization brings the improvement of the ability to serve the real economy. As of the end of June, the total assets of Xinjiang's banking industry were 3.96 trillion yuan, the balance of various deposits was 2.78 trillion yuan, and the balance of various loans was 2.78 trillion yuan, an increase of 132.84%, 124.92%, and 225.07%over the end of 2012.

"Especially for the growth of loans, our deposit proportion is lower than the proportion of loans. According to data at the end of May, our deposit size accounts for 1.19%of the country, but the loan scale accounts for 1.32%of the country, indicating that Xinjiang's banking industry is on the entity of the entity Economic support is greater. "Zhao Wei said.

In the past ten years, the Xinjiang Banking and Insurance Bureau has been committed to citing financial water to build a large pattern of serving the real economy, focusing on supporting the construction of the core area, the "14th Five -Year Plan" of the autonomous region, promoting the implementation of rural rejuvenation strategies, strengthening the implementation of financial bailout policies, promoting promotion Economic transformation and development, strengthening insurance security, etc. serve the development of the real economy.

"In the past ten years, the total amount of credit investment in Xinjiang's banking industry has continued to increase, and the average annual growth rate of loans has remained above 14%, which is much higher than the growth rate of Xinjiang GDP during the same period. Various loans are mainly medium- and long -term loans. Keep around 60%, "Zhao Wei said.

The growth rate of inclusive small and micro -enterprise loans has continued to higher than the average loan growth rate in recent years. In 2021, the loan growth rate of inclusive small and micro enterprises was 33.94%, which was higher than the average loan growth rate of 22.19 percentage points.

From the perspective of the insurance industry, as of the end of May, the total assets of Xinjiang insurance industry were 188.903 billion yuan, an increase of 289.44%over the end of 2012; in the first five months of this year, premium revenue was 40.882 billion yuan, an increase of 244.12%over the same period in 2012.

"Especially Xinjiang Agricultural Insurance has been the largest agricultural insurance market in the country since 2014, and the market size accounts for about 7.2%in the country, indicating that the insurance industry has a great support for agricultural production in Xinjiang." Zhao Wei said.

At the same time, the Xinjiang Banking and Insurance Bureau actively promoted the reform of the Agricultural Credit Society and the City Commercial Bank to promote the development of the development and reform the insurance; the continuous education guidance and guiding bank insurance institutions returned to the origin, adhered to positioning, operated in accordance with the law, and seriously investigated and dealt with each of them. Class illegal violations.

"As of the end of June, the non -performing loan ratio of the banking industry in the area was 1.18%, which was further improved from 1.23%in May, remained at a reasonable level, and resolutely held the bottom line of no regional systemic risk." Zhao Wei said.

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