The balance of domestic and foreign
currency loans in the Yangtze River Delta region stood at 42.43 trillion
yuan (about 6.23 trillion U.S. dollars) at the end of August, up 14.7
perp 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 41.29 trillion yuan by the end of August, up 14.8
perp year on year. In August
alone, new RMB loans in the region hit 411.4 billion yuan, an increase
of 30 billion yuan year on year, while new foreign currency loans stood
at 2.3 billion U.S. dollars in August. The
balance of domestic and foreign currency deposits in the region was
53.74 trillion yuan by the end of August, up 14.5 perp year on year. Shanghai and the provinces of Jiangsu, Zhejiang and Anhui come under the ambit of the Yangtze River Delta region.
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