Added value of financial sector reached 221.83 billion yuan, up 9.2% over the previous year, taking up 9.3% of the city's GDP.
At the end of 2022, the number of financial institutions reached 1044. The RMB and foreign currency deposit balance of all financial institutions amounted to 4.74 trillion yuan and 4.69 trillion yuan respectively, a rise of 13.9% and 15% respectively; Both deposit and loan increments took the leading position in the province.
2022 saw the establishment of Suzhou Innovation Investment Group and the investment fund of the National Industrial Mother Machine Industry with a total scale of 15 billion yuan. The city's management fund scale exceeded 800 billion yuan and the number exceeded 2400. There were 29 new domestically and overseas listed companies, bringing the total to 241, including 48 listed on the sci & tech innovation board, ranking the third in the nation.
Suxin Fund，the first pubic fund in Jiangsu Province was approved for establishment. The digital RMB pilot program has been further enhanced with the cumulative transaction volume exceeding 340 billion yuan since its beginning. The city takes the initiatives to carry out the pilot program to issue loans to small and medium-sized enterprises in the form of digital RMB.
At the end of 2022, there were 89 insurance organizations and 755 affiliated agencies of various types. Throughout the year, the premium income hit 84.99 billion yuan.
