The balance of foreign currency loans in Guangdong increased by 4.8% year-on-year, with growth accelerating for three consecutive months, and the trend of current account deposits becoming more active is emerging.

According to the news release from Caixin at the financial operation situation in Guangdong Province in the first half of 2025, as of the end of June 2025, the balance of local and foreign currency loans in Guangdong was 29.6 trillion yuan, a year-on-year increase of 4.8%, with the growth rate rising for three consecutive months; an increase of 1.2 trillion yuan compared to the beginning of the year, an increase of 109.8 billion yuan year-on-year. The balance of deposits was 37.7 trillion yuan, a year-on-year increase of 5.6%, with growth rates 3.4 and 3.0 percentage points higher than the same period last year and the end of the first quarter respectively; an increase of 1.1 trillion yuan compared to the beginning of the year, an increase of 446.6 billion yuan year-on-year. The trend of current depositization is evident. At the end of June, the balance of current deposits for households and business sectors increased by 529.7 billion yuan compared to the beginning of the year, an increase of 689.8 billion yuan year-on-year, with a year-on-year growth rate of 8.8%, 3.2 percentage points higher than the growth rate of all deposits.