Individual bank accounts in China number 22 bln in Q1 up 96

Sunday, 14 August 2011 10:45 Written by People Daily

The number of individual bank accounts in China rose 9.6 percent from a year earlier to more than 2.2 billion during the first quarter of 2008, the People's Bank of China (PBOC) said in a report released Tuesday. On average, each Chinese citizen had 1.69 bank accounts, said the report. The number of individual bank account per capita in Beijing, Tianjin, Shanghai and Shenzhen was far more than the national average, it said. Through March, the number stood at 7.03 in Beiji ...