Central Bank: RMB deposits increased by 20.5 trillion yuan in the first eight months.
According to data from the central bank, the balance of domestic and foreign currency deposits at the end of August was 32.996 trillion yuan, an increase of 8.8% year-on-year. The balance of RMB deposits at the end of the month was 32.273 trillion yuan, an increase of 8.6% year-on-year. RMB deposits increased by 2.05 trillion yuan in the first eight months of the year. Among them, household deposits increased by 977 billion yuan, non-financial corporate deposits increased by 610.6 billion yuan, fiscal deposits increased by 2.21 trillion yuan, and non-bank financial institutions' deposits increased by 5.87 trillion yuan.
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