In the first quarter of Hubei, the new loan was 462.2 billion yuan, marking a historical high for the same period.
On April 23, it was learned from the Hubei Branch of the People's Bank of China that by the end of the first quarter, the balance of various loans in both domestic and foreign currencies in Hubei Province reached 9.85 trillion yuan, an increase of 7.72% year-on-year, which was 2 percentage points higher than the national average. The province's new loans totaled 462.2 billion yuan, an increase of 32.1 billion yuan year-on-year, reaching a historical high for the same period. The balance of various deposits in both domestic and foreign currencies in the province increased by 8.59% year-on-year, with new deposits totaling 636.7 billion yuan since the beginning of the year.
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