Domestic, foreign currency loans soar in Yangtze River Delta in November

0 Comment(s)Print E-mail Xinhua, December 26, 2020
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SHANGHAI, Dec. 26 (Xinhua) -- The balance of domestic and foreign currency loans in the Yangtze River Delta region stood at 43.46 trillion yuan (about 6.63 trillion U.S. dollars) at the end of November, up 14.6 percent year on year, official data showed.

According to the Shanghai head office of the People's Bank of China, the balance of RMB loans was 42.36 trillion yuan by the end of November, up 14.7 percent year on year.

In November alone, new RMB loans in the region hit 345.6 billion yuan, down 4.3 billion yuan year on year.

The balance of domestic and foreign currency deposits in the region was 55.1 trillion yuan by the end of last month, up 16 percent year on year.

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

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