The Working Committee of Urban Commercial Banks of the China Banking Association released the "30-year Development Report of Urban Commercial Banks" on the 17th. According to the report, as of the end of 2024, the asset size of China's city commercial banks reached 60.15 trillion yuan, an increase of 134 times compared to 1995, accounting for 13.53% of the banking and financial institutions and an increase of 8.24 percentage points in market share; There are 12 city commercial banks with assets exceeding one trillion yuan, and 5 city commercial banks have been selected as systemically important banks in China; The non-performing loan ratio of city commercial banks is 1.76%, the provision coverage ratio is 188.08%, and the capital adequacy ratio is 12.97%. The report also shows that city commercial banks are continuously improving their service channels, providing diversified financial products and services for urban and rural residents, and better meeting the financial needs of the people. At the same time, city commercial banks strongly support the development of small and medium-sized enterprises, continuously improving the coverage, accessibility, and satisfaction of financial services. (New Society)