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New yuan loans rise in Shanghai in H1 – About Your Online Magazine

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SHANGHAI – New yuan loans in Shanghai stood at 567 billion yuan ($87.64 billion) at the end of June, 224 billion yuan more than the same period last year. New yuan deposits stood at 822.6 billion yuan in the first half year, 296.1 billion yuan less than the same period last year, according to the People’s Bank of China Shanghai Head Office. The balance of loans in Shanghai stood at 9.12 trillion yuan at the end of June, up 11.1 percent from the same period last year. The balance of loans in Chinese yuan reached 8.37 trillion yuan at the…

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