Shanghai Headquarters of the People's Bank of China: The weighted average interest rate of new loans to enterprises issued in Shanghai in September is 2.72%.
On October 30, the Shanghai Headquarters of the People's Bank of China held a press conference for the fourth quarter of 2025 and a special session for the release of "Five Major Financial Articles" in Shanghai, introducing the financial operation and progress of the "Five Major Financial Articles" in Shanghai this year. Su Yun, Deputy Director of the Shanghai Headquarters of the central bank, stated that at the end of September, the balance of local and foreign currency loans in Shanghai reached 12.89 trillion yuan, a year-on-year increase of 7.1%, which is 0.6 percentage points higher than the national average. By sector, the balance of household loans increased by 11.4% year-on-year, with personal housing loans growing by 9.2%. The balance of loans to non-financial enterprises increased by 4.1% year-on-year, with medium and long-term loans growing by 5.2%. The balance of foreign loans increased by 24.9% year-on-year.
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