At the end of June, the loan balance of private enterprises in Guangdong accounted for 52.48%

In the first half of 2025, the news briefing meeting of the banking and insurance industry in Guangdong will be held. Data reported at the meeting shows that the balance of loans to private enterprises in Guangdong reached 6.85 trillion yuan by the end of June, accounting for 52.48% of all types of corporate loans; the balance of loans to small and micro enterprises reached 5.87 trillion yuan, a year-on-year increase of 14.79%; the balance of medium and long-term loans to small and micro enterprises accounted for over 70%; and the balance of renewal loans increased by 59.69% year-on-year. The Guangdong Financial Regulatory Bureau supports the deepening and solidifying of the coordination mechanism for financing for small and micro enterprises, and cooperates in establishing a foreign trade working group for the small and micro coordination mechanism, carrying out work on an online "one-stop" basis with the support of the "Yue Xin Fu" platform. By the end of June, a total of 9.1 million enterprises have been visited, credit has been granted to over 470,000 enterprises, loans totaling 15.3 trillion yuan have been disbursed, and the loan interest rate is approximately 0.6 percentage points lower than the national average.