Our financial holdings’ overseas exposure reached a record high of 33.04 trillion, and the United States remains the leader

The overseas exposure of financial holdings exceeded 33 trillion for the first time, and the United States has topped the list for 46 consecutive quarters. The picture shows the streets of New York, USA.

[Reporter Wang Menglun/Taipei Report] The Financial Supervisory Commission today announced changes in the overseas exposure of "my country Financial Holdings Group". According to statistics, as of the end of the third quarter of this year, the overall overseas exposure scale was 33.0373 billion yuan, breaking through the 33 trillion yuan mark for the first time in history, with an annual growth of 16.35%. Among them, the "United States" has been the "largest overseas exposure country" for 46 consecutive quarters, far ahead of other countries, accounting for 35.59%; as for Japan, the third largest country in terms of exposure scale, the growth rate is the highest, with an annual growth of 44.89%, the strongest.

According to statistics from the Financial Supervisory Commission, China's financial holding group's overseas exposure at the end of the third quarter of this year was 33.0373 billion yuan, the highest in the 46 quarters since the statistics were released.

This statistic has been published by the Financial Supervisory Commission on a quarterly basis since the second quarter of 2015. The financial holding group's subsidiaries covering banking, insurance, securities and leasing are exposed to risks; the so-called "exposure" covers the three businesses of "net lending value", "net investment value" and "interbank funds placement". In this regard, the Financial Supervisory Commission stated that it will continue to conduct financial supervision and entrust the Central Deposit Insurance Corporation to monitor overseas conditions. Each bank also has dedicated units for control.

Looking at the "three major exposures" of financial holdings, the Financial Supervisory Commission said that the largest proportion was "net investment" with 23.69 trillion yuan, accounting for 71.7%; followed by "net lending" with 7.1 trillion yuan, accounting for about 21.5%; followed by "interbank funds placements" with an amount of 2.2 trillion yuan, accounting for 6.7%.

Secondly, looking at individual countries, according to statistics, the overseas exposure of financial holding groups has lasted for 46 seasons, with the United States ranking first, with exposure amounting to 11,756.8 billion yuan, accounting for 35.59% of the overall exposure; China ranked second, with exposure amount of 1,999.6 billion yuan, accounting for 6.05%; financial holding groups' exposure to Japan reached 1,854.3 billion yuan, an annual increase of 44.89%, which is the largest increase in exposure among major countries.

The ranking of the top ten regions for overseas exposure of financial holdings has not changed much. They are, in order, the United States, China, Japan, Australia, France, the United Kingdom, South Korea, Hong Kong, Canada and Singapore. In this ranking of exposure scale, Singapore has ranked tenth.