Xiamen Municipal People’s Government

There were a total of 46 banking financial institutions by the end of 2023（excluding representative offices of foreign banks). This included 12 banking financial institutions with the status of a legal person, the same amount as that of last year. The RMB and foreign currency deposits in the Chinese and foreign funded financial institutions totaled 1,672.471 billion yuan, up by 3.5% over the previous year. And the RMB deposits in the Chinese-funded financial institutions reached 1,573.257 billion yuan, up by 3.4%, including 594.91 billion yuan of household saving deposits and 629.24 billion yuan of non-financial enterprises deposits, up by 14.7% and 3.0% respectively.

As of the end of year 2023, the RMB and foreign currency balance of loans in Chinese and foreign-funded financial institutions reached 1,857.533 billion yuan, up by 6.9%; and the RMB loans balance of Chinese-funded financial institutes was 1,787.701 billion yuan, up by 7.7%. Of which, the short-term balance of loans increased by 8.8% to 516.61 billion yuan and the medium and long-term balance of loans leaped to 1,068.188 billion yuan, with a year-on-year growth of 6.2%. 

 

By the end of 2023, there were altogether 39 insurance companies in the whole city, including 21 property insurance companies and 18 life insurance companies. Meanwhile, the city had 72 specialized insurance intermediary agencies. Throughout the whole year, the city’s insurance industry raked in a premium income of 29.715 billion yuan, up by 9.9% year-on-year. Among which the property insurance saw a 1.0% increase in premium income and the life insurance saw a growth of 13.5%, reaching 7.963 billion yuan and 21.752 billion yuan respectively. The industry provided 46.81 trillion yuan worth of insurance guarantee, up 17.7% year-on-year. The city’s total insurance payouts were 9.464 billion yuan, up 12.6% year-on-year. To be specific, the indemnity payouts in property insurance claims totaled 5.676 billion yuan, up 12.3% compared with last year; and that in life insurance claims was 3.788 billion yuan, up 13.0% .

 

There were 2 security companies with legal person status, flat with the figure in 2023; there were 39 branches of securities companies, one of which was newly established ones; there were 2 future companies with legal person status, flat with the figure in the previous year, and there were 106 securities business departments and 28 branches of futures companies, both of which had two newly established ones. Besides, the number of futures-related business department shrunk from 12 to 16. By the end of the year, 2,574.1 thousand capital accounts were opened by securities investors, with an increase of 5.6%. The balance of customer transaction clearing funds reached 17.64 billion yuan, down by 14.5% and the total transaction of securities markets rose 3.5% to 7.99 trillion yuan. As of the end of 2023, 124.6 thousand capital accounts were opened by futures investors, an increase of 14.2%, the balance of customer prepaid funds reached 18.986 billion yuan, down by 11.6%; and the annual transaction of futures markets reached 10.08 trillion yuan, up by 6.7%.