The balance of loans in Guangdong in both local and foreign currencies exceeded 30 trillion yuan for the first time.

The Guangdong branch of the People's Bank of China released the financial statistics for Guangdong in January 2026. The data shows that the balance of local and foreign currency loans in Guangdong has exceeded 30 trillion yuan for the first time, while the balance of local and foreign currency deposits is approaching 40 trillion yuan. The overall financial volume continues to grow steadily, creating a favorable monetary and financial environment for the stable and high-quality development of the Guangdong economy. Specifically, as of the end of January 2026, the balance of local and foreign currency loans in Guangdong reached 30.3 trillion yuan, an increase of 4.9% year-on-year, with an increase of 350.4 billion yuan compared to the beginning of the year. Of this, yuan loans increased by 337.3 billion yuan, a decrease of 149.9 billion yuan year-on-year; foreign currency loans increased by 2.4 billion US dollars, an increase of 6.1 billion US dollars year-on-year.