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Balance of loans up in China's Yangtze River Delta

Xinhua | Updated: 2022-11-28 15:04

A worker counts Chinese currency renminbi at a bank in Linyi, East China's Shandong province. [Photo/Xinhua]

SHANGHAI -- The balance of loans in the Yangtze River Delta region was 56.09 trillion yuan ($7.86 trillion) at the end of October, up 13.9 percent year-on-year.

The balance of loans in Chinese yuan reached 54.79 trillion yuan at the end of October, up 14.3 percent year-on-year, according to the People's Bank of China Shanghai Head Office.

The balance of foreign currency loans was $181.1 billion at the end of October, down 10.8 percent year-on-year.

The balance of the region's deposits stood at 67.13 trillion yuan at the end of October, up 11.9 percent year-on-year.

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

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