China banking sector total assets up 8.7 pct y/y at end-Jan - regulator

BEIJING, March 1 (Reuters) - The value of assets held by China's banking sector rose 8.7 percent from a year earlier to 247.95 trillion yuan ($39.11 trillion) as of end-January, the China Banking Regulatory Commission said on Thursday.

Liabilities also rose 8.5 percent from a year earlier to 228.48 trillion yuan, it said on its website. ($1 = 6.3392 Chinese yuan) (Reporting by Beijing Monitoring Desk Editing by Jacqueline Wong)