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Finance

Updated: 2013-04-28

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At year-end, the balance of local and foreign currencies on the deposit accounts with financial institutions in Qingdao stood at RMB 981.822 billion, an increase of RMB 91.705 billion from the beginning of this year. The balance of deposits in local currency (RMB) was RMB 943.489 billion, an increase of RMB 79.639 billion from the beginning of the year. Of the total, the balance of saving was RMB 375.76 billion, an increase of RMB 55.909 billion from the beginning of the year. The loan balance in local and foreign currencies reached RMB 863.284 billion, an increase of RMB 113.489 billion from the beginning of the year.

The insured amount was RMB 4,470 billion, up 17.5%. The insurance premium totaled RMB 16.029 billion, up 10%. Of the total, RMB 6.634 billion was for property insurance, up 16.1%; and RMB 9.395 billion for personal insurance, up 6.1%. Expenses for claims amounted to RMB 5.15 billion, up 11.1%. Of this figure, RMB 3.358 billion was for property claims and RMB 1.792 billion for personal claims.