Credit Funds
refer to the monetary funds accumulated and distributed in
the means of credit by the financial institutions. The sources of credit funds
include various deposits, financial bonds, liabilities to international
financial institutions, currency in circulation, other
items. The uses of credit funds include loans, securities and investment,
position for bullion and silver purchase, position for foreign exchange
purchase, advances to treasury, and assets with international financial
institutions.
Deposits
are a form of credit by which enterprises, institutions,
organizations or households can put money into banks and other credit
institutions for safekeeping and interest earning under the principle of free
withdrawal. According to different depositors, deposits are divided into
enterprise deposits, treasury deposits, urban and rural savings deposits, rural
deposits, entrust and other deposits. Deposits are major sources of credit
funds of banks.
Loans
are a form of credit by which banks and other credit
institutions provide funds at certain interest rate to enterprises and
individuals in the light of the principle of unconditional repayment. Loans
from Chinese banks include industry loans, agriculture loans, commerce loans,
construction loans, loans to private and individuals, township enterprises
loans, medium & long term loans, entrust and other loans.
Insurance Companies
refer to commercial insurance companies of various forms
registered by law and established in
Amount Insured
refers to the maximum that the insurant will get for the claim
of the case insured.
Premium
is the fee paid by the insurant to the insurer to obtain
the obligation of compensation from the insurance within the agreed terms.
Claim
is the compensation paid by the insurer to insurant in
accordance with the insurance contract.
Payment
includes payment for death, injury or medical treatment and
mature payment. Payment for death, injury or medical treatment refers to the
money paid to insurant (or the beneficiary) in accordance with the life or
health insurance contract when the insurant encounters accidents within the
insured period covered in the contract. Mature payment refers to the mature
payment to the insurant in accordance with the life insurance contract at the
end of the insured period.
Insurance Density
refers to per capita premiums which is based on permanent
resident population.
Insurance Depth
refers to the proportion of premiums to gross domestic
product.