BEIJING, May 26 (Xinhua) -- Balances of Renminbi (RMB)-denominated loans of Beijing, the capital of China, expanded 10.7 percent year on year to 8.5 trillion yuan by the end of April, reported Xinhua-run Xinhua Finance citing data from the Operations Office (Beijing) of the Chinese central bank on Tuesday.
The growth pace was 0.8 percentage point higher than the comparable figure by the end of April in 2020 and represented an increase of 358.38 billion yuan than the data at the beginning of this year, 45.00 billion yuan more than the comparable rise in a year ago.
Outstanding foreign currencies-denominated loans in the city were 48.71 billion U.S. dollars, decreasing by 1.46 billion U.S. dollars than the data at the start of this year.
In total, balances of RMB- and foreign currencies-denominated loans in Beijing reached 8.8 trillion yuan by the end of last month, up 9.6 percent year on year, which was 0.3 percentage point higher than the comparable rise in 12 months ago.
By the end of April, outstanding RMB loans of non-banking financial institutions in Beijing grew to 37.07 billion yuan, an increase of 2.15 billion yuan from the start of this year, which was 5.15 billion yuan more than the comparable growth in a year ago.
Balances of RMB- and foreign currencies-denominated deposits in Beijing stood at 18.8 trillion yuan by the end of last month, up 3.6 percent year on year and an increase of 26.12 billion yuan from the beginning of this year. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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