Finance & Insurance
There were a total of 46 banking financial institutions at the end of 2017. This included 11 banking financial institutions with the status of a legal person, two more than last year. The RMB and foreign currency deposits in the Chinese-funded and foreign-funded financial institutions totaled 1,059.832 billion yuan, up 8.3% over the previous year. And the RMB deposits in the Chinese-funded financial institutions reached 988.231 billion yuan, up by 9.1%, including 229.206 billion yuan of household saving deposits and 358.657 billion yuan of non-financial enterprises deposits, up by 5.5% and 0.3% respectively.
The RMB and foreign currency balance of loans in Chinese-funded and foreign-funded financial institutions reached 974.230 billion yuan, up by 13.1%; and the RMB loans balance of Chinese-funded financial institutes were 876.309 billion yuan, up 14.4%. Of which, the short-term balance of loans increased 31.1% to 284.525 billion yuan and the medium and long-term balance of loans leaped to 566.620 billion yuan, with a year-on-year growth of 14.2%.
By the end of 2017, there were altogether 38 insurance companies and 60 professional insurance intermediary agencies in the whole city, including 21 property insurance companies and 17 life insurance companies. The premium income reached 20.033 billion yuan during the whole year, up 23.2%. Among which the property insurance premium climbed 16.4% to 7.356 billion yuan and the life insurance premium rose 27.5% to 12.677 billion yuan. 1,098 billion yuan was used in the insurance and guarantee insurance. An indemnity worth of 7.169 billion yuan was paid out on insurance claims, up by 4.1% against the previous years. To be specific, the indemnity pay-outs in property insurance claims reached 4.563 billion yuan and that in life insurance claims was 2.605 billion yuan, down by 10.7% and going up 10.4% compared with last year, respectively.