List of Systemically Important Banks in China Announced

On February 13, the People’s Bank of China announced that recently, the People’s Bank of China and the China Banking and Insurance Regulatory Commission conducted an assessment of systemically important banks in China for the year 2025. Twenty-one domestic systemically important banks were identified, including six state-owned commercial banks, ten joint-stock commercial banks, and five city commercial banks.

The list aims to establish a comprehensive macroprudential management system and strengthen the regulation of systemically important financial institutions.

According to reports, Chinese systemically important banks are categorized into five groups based on their systemic importance scores from low to high:

First group: 11 banks, including China Minsheng Bank, China Everbright Bank, Ping An Bank, Huaxia Bank, Ningbo Bank, Jiangsu Bank, Bank of Beijing, Bank of Nanjing, China Guangfa Bank, Zheshang Bank, and Shanghai Bank;

Second group: 4 banks, including Industrial Bank, China CITIC Bank, Shanghai Pudong Development Bank, and Postal Savings Bank of China;

Third group: 2 banks, including Bank of Communications and China Merchants Bank;

Fourth group: 4 banks, including Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China;

Fifth group: No banks are currently included.

A relevant person from the People’s Bank of China stated that next, the People’s Bank of China and the China Banking and Insurance Regulatory Commission will leverage the combined efforts of macroprudential management and microprudential regulation, continuously strengthen the additional supervision of systemically important banks, promote their safe and sound operation and healthy development, and better serve the high-quality development of the real economy.

Reporters: Ren Jun, Wu Yu