Balance of loans up 5.4 percent in Shanghai by April

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BEIJING, June 6 (Xinhua) -- The balance of loans in Shanghai stood at 8.05 trillion yuan (about 1.13 trillion U.S. dollars) at the end of April, up 5.4 percent year-on-year, official data showed.

The balance of RMB loans was 7.41 trillion yuan at the end of April, up 4.9 percent year-on-year, and the growth rate was 0.3 percentage points higher month-on-month, according to the People's Bank of China Shanghai Head Office.

The balance of foreign currency loans was 90.2 billion U.S. dollars at the end of April, up 6.6 percent year-on-year.

The balance of Shanghai's deposits stood at 14.36 trillion yuan at the end of April, up 13.1 percent year-on-year. The balance of RMB deposits was 13.41 trillion yuan, up 13.6 percent year-on-year.

New RMB deposits stood at 498.8 billion yuan in April, 340.3 billion yuan more than the same period last year. Enditem

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