On October 23, the Shenzhen Branch of the People's Bank of China and the Shenzhen Branch of the State Administration of Foreign Exchange held a press conference for the third quarter of 2026 to introduce financial operations in Shenzhen. According to the data, as of the end of September, the balance of various local and foreign currency deposits in Shenzhen was 15.48 trillion yuan, up 7.7% year on year; the balance of various loans was 10.42 trillion yuan, up 4.8% year on year. From January to September, the scale of social financing in Shenzhen increased by more than 900 billion yuan, nearly double that of the same period last year. Direct financing contributions continued to increase, accounting for about 30% of the increase in social finance, which is at a high level in the past 5 years.
Zhitongcaijing · 2d ago
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On October 23, the Shenzhen Branch of the People's Bank of China and the Shenzhen Branch of the State Administration of Foreign Exchange held a press conference for the third quarter of 2026 to introduce financial operations in Shenzhen. According to the data, as of the end of September, the balance of various local and foreign currency deposits in Shenzhen was 15.48 trillion yuan, up 7.7% year on year; the balance of various loans was 10.42 trillion yuan, up 4.8% year on year. From January to September, the scale of social financing in Shenzhen increased by more than 900 billion yuan, nearly double that of the same period last year. Direct financing contributions continued to increase, accounting for about 30% of the increase in social finance, which is at a high level in the past 5 years.
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