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Balance of loans up in China's Yangtze River Delta

Xinhua | Updated: 2023-08-14 18:06

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 62.27 trillion yuan ($8.68 trillion) at the end of June, up 13.7 percent from the same period last year.

Of the total, the balance of loans in Chinese yuan reached 61.13 trillion yuan, up 14.4 percent year-on-year, according to the People's Bank of China Shanghai Head Office.

The balance of foreign currency loans in the region was $157.7 billion at the end of June, down 21.2 percent year-on-year.

The balance of the region's deposits stood at 74.51 trillion yuan at the end of June, up 12.1 percent year-on-year.

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