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Agricultural Development Bank of China
Economy

New yuan loans rise in Yangtze River Delta in July

September 13, 2021


Abstract : New yuan loans in the Yangtze River Delta region stood at 248.2 billion yuan (38.42 billion U.S. dollars) in July, 11.4 billion yuan more than the same period last year.

A tourist boat sails on the Huangpu River in east China's Shanghai, Feb. 14, 2021. (Xinhua/Zhang Jiansong)

SHANGHAI, Sept. 12 (Xinhua) -- New yuan loans in the Yangtze River Delta region stood at 248.2 billion yuan (38.42 billion U.S. dollars) in July, 11.4 billion yuan more than the same period last year.

The balance of loans in the region stood at 48.02 trillion yuan at the end of July, up 14.3 percent from the same period last year, according to the People's Bank of China Shanghai Head Office.

The balance of loans in Chinese yuan reached 46.8 trillion yuan at the end of July, up 14.5 percent year on year. The growth rate was 0.1 percentage points lower than that of the previous month.

The balance of foreign currency loans hit 188.6 billion U.S. dollars at the end of July, up 14.7 percent year on year.

The balance of the region's deposits stood at 59.2 trillion yuan at the end of July, up 10.8 percent year on year.

Shanghai and the provinces of Jiangsu, Zhejiang and Anhui are under the ambit of the Yangtze River Delta region. Enditem

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Keyword: loans Yangtze River Delta

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