Yangtze River Delta region posts new yuan loans
(MENAFN) Yangtze River Delta area posts new Yuan loans reaching 3.93 trillion yuan (USD607.42 billion) in the first six months of this year, 287.9 billion yuan more than the same period of 2020.
The People's Bank of China Shanghai Head Office revealed that New yuan deposits hit 4.43 trillion yuan in the first six months, 782.1 billion yuan less than the same period of 2020.
The balance of credits in the area reached 47.77 trillion yuan at the end of June, increasing 14.3 percent from the same period of 2020.
The balance of credits in Chinese yuan hit 46.55 trillion yuan at the end of June, increasing 14.6 percent annually. The expansion rate was 0.1 percentage points higher than that of the past month, but 0.2 percentage points lower annually.
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