New loans reached the highest in the country! The balance of both domestic and foreign currency loans in Jiangsu in the first half of the year was 28.09 trillion yuan, a year-on-year increase of 9.8%.

date
31/07/2025
On July 30, the Jiangsu Branch of the People's Bank of China held a press conference for the third quarter of 2025, releasing relevant financial data for the first half of 2025. Lin Lin, the Deputy Director of the Investigation and Statistics Department of the Jiangsu Branch of the People's Bank of China, stated that in the first half of this year, the financial operation in Jiangsu Province maintained a good trend of "strong overall volume, optimized structure, and lower interest rates", fully played the supporting role of finance in the high-quality development of the economy. According to statistics, in the first half of the year, the total financial volume in Jiangsu Province remained at the forefront nationwide, with new loans and the increment of social financing scale both ranking first in the country. Lin Lin introduced that by the end of June, the balance of domestic and foreign currency loans of financial institutions in Jiangsu Province was 28.09 trillion yuan, a year-on-year increase of 9.8%, exceeding the national growth rate during the same period by 3 percentage points. In the first half of the year, Jiangsu added loans of 2.09 trillion yuan, an increase of 152.9 billion yuan compared to the same period last year; the increment of the social financing scale in Jiangsu Province was 2.63 trillion yuan, an increase of 434.4 billion yuan compared to the same period last year, both indicators were higher than those of Guangdong and Zhejiang, ranking first in the country.