Shanghai headquarters of the People's Bank of China: RMB loans increased by 37.5 billion yuan in May, and RMB deposits increased by 163.7 billion yuan.
At the end of May, the balance of foreign currency loans in Shanghai was 12.73 trillion yuan, an increase of 8.6% year-on-year. The balance of RMB loans was 12.15 trillion yuan, an increase of 9.2% year-on-year; and the balance of foreign currency loans was 80.8 billion US dollars, a decrease of 2.9% year-on-year. In May, RMB loans increased by 37.5 billion yuan, 16 billion yuan less than the same period last year.
At the end of May, the balance of local and foreign currency deposits in Shanghai was 22.33 trillion yuan, an increase of 5.7% year-on-year. The balance of RMB deposits was 21.04 trillion yuan, an increase of 5.2% year-on-year; and the balance of foreign currency deposits was 179.9 billion US dollars, an increase of 12.9% year-on-year. In May, RMB deposits increased by 163.7 billion yuan, 30.5 billion yuan less than the same period last year.
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