Sichuan: The loan growth rate in the first half of the year maintained a continuous growth of 11.6% for four months.
On July 23, the Sichuan Branch of the People's Bank of China released the Sichuan financial results for the first half of the year: the total social financing in the province increased by 1.178 trillion yuan compared to the beginning of the year, an increase of 215 billion yuan year-on-year. By the end of June, the total balance of various loans in both domestic and foreign currencies in the province was 12.7 trillion yuan, a year-on-year increase of 11.6%, which was 4.8 percentage points higher than the national growth rate during the same period. The total balance of various deposits in both domestic and foreign currencies was 14.4 trillion yuan, a year-on-year increase of 10.8%, which was 2.2 percentage points higher than the national growth rate during the same period. The data shows that the financial operation in Sichuan in the first half of the year continued the trend of stable overall quantity and optimal structure, providing strong support for economic recovery and energy transformation in a complex economic environment.
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