Shanghai's loan balance increased 8.2% YoY to 11.67 trillion yuan in April, with yuan loans rising 9.3% and foreign currency loans decreasing 11.7%.
Shanghai's loan balance, including all currencies, increased by 8.2% YoY to 11.67 trillion yuan (US$1.64 trillion) in April, while yuan loans rose 9.3% to 11.09 trillion yuan, and foreign currency loans decreased 11.7% to 82.4 billion USD. Deposit balance also grew 6.4% to 20.94 trillion yuan. The figures indicate a potentially increasing economic activity in the region.
June 08, 2024
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