the whole year of 2013, profits after tax reached mop7. 5 billion, a rise of 31. 5 % over a year earlier. while the scale of assets continued to expand, all prudential supervisory indicators stayed at healthy levels : the non - performing loan ( npl ) ratio at 0. 09 % ; the capital adequacy ratio ( car ) at 14. 8 %, within which the tier - one capital ratio stood at 11. 2 % ; the one - month and three - month liquidity ratios were reported at 52. 3 % and 66. 0 % respectively. renminbi ( rmb ) businesses of local banks also registered notable growth. at end - 2013, rmb deposits amounted to rmb85. 8 billion, which represented an annual rise of about 110. 0 % while the cross - border rmb trade settlement business hit rmb149. 2 billion, a year - on - year increase of 53. 5 %. as regards insurance business, the total gross premium reached mop6. 8 billion in 2013, a year - on - year rise of 25. 5 %. within this total, the life insurance premium stood at mop5. 0 billion, an annual increase of 32. 8 %, while the non - life insurance premium reached mop1. 8 billion, a year - on - year increase of 9. 3 %. to uphold financial safety and stability in the msar, the amcm continued to supervise authorised institutions on an on - going basis through offsite surveillance, onsite examinations and thematic reviews. in order to promote sustainable development of the local financial sector and to cope with enhancing international financial supervisory requirements, regulatory regimes and financial infrastructure in the msar have continuously been refined. bis central bankers ’ speeches with regard to regulatory framework, on the banking front, the “ guideline on disclosure of financial information ” was made effective in 2013 in order to fulfil the requirement for market disciplines laid down by basel ii. for the revision of credit risk - weighted capital adequacy requirements, the amcm kicked off a consultation with practitioners and a quantitative impact study. to strengthen the security of automatic teller machines ( atms ) and bank cards, the amcm issued the “ requirements for automatic teller machine and bank card security ”. in particular, in the light of financial - market developments and enhancing international supervisory requirements, the amcm has been conducting a comprehensive review of the “ financial system act ”

exercise of disciplinary power over solicitors and macao gaming commission, with a view to enhancing aml efforts of the sar through improved planning, organizing and implementation. such responsibility was shifted to the financial intelligence office with effect from november last year. in the whole process, we not only assiduously supervise aml / cft work of the industry, we attach a lot of weight to co - operation with other regulatory authorities and international organizations. in this respect, amcm has concluded co - operation agreements and memoranda of understanding with other regulators such as the people ’ s bank of china, china banking regulatory commission, china insurance regulatory commission, hong kong monetary authority, hong kong securities and futures commission, hong kong insurance bureau, bank of portugal and institute of insurance supervision of portugal to enhance cross border supervision and exchange of information. on the other hand, amcm is doing its utmost to fulfil the duties of aml / cft of the msar accountable to the offshore group of banking supervisors ( ogbs ), offshore group of insurance supervisors ( ogis ) and the asia / pacific group on money laundering ( apg ). as early as 2001, macao invited representatives from the ogbs and apg to conduct a first round joint appraisal on the aml / cft efforts of macao. in the same year, we invited imf to conduct a comprehensive appraisal on the financial system of macao. we secured positive comments in these two appraisals. suggestions for improvement were raised at the same time. these suggestions, particularly those related to financial field, were implemented through the guidelines we mentioned above and supervisory work. in december 2006, the sar government again invited the ogbs and apg to conduct a second round aml / cft appraisal. the appraisal report is yet to be finalized and approved by the organizations, but the appraisal working unit has passed a positive judgment on the aml / cft efforts displayed by the sar government in the past few years. after the promulgation of the aml / cft legislations, the relevant implementation has started. from formulation or revision of supervisory guidelines to their actual implementation, from staff training to enhancement of public awareness, from the formation of responsible organization or confirmation of responsible personnel to supplement and finalization of internal system, from trans - department, trans - organizational co - ordination and co - operation to deepening of external communication, every facet is proceeding according