Zhongshan Central Sub-branch of People's Bank of China announced the city’s bank deposits and loans report for the first half of the year on July 18.

Reportedly, at the end of June, the balance of domestic and foreign currency loan of banking institutions in Zhongshan was 387.703 billion yuan, a year-on-year increase of 7.19%, while the balance of domestic and foreign currency deposit was 585.722 billion yuan, a year-on-year increase of 8.01%. 

Meanwhile, the balance of medium- and long-term loan of Zhongshan’s banking institutions was 260.59 billion yuan, up 11.16% year-on-year, while the short-term loan balance was 117.208 billion yuan, down 1.37% year-on-year. 

The balance of small and micro enterprise loan was 76.54 billion yuan, with a year-on-year increase of 10.05%. Among them, the growth rate of micro-enterprise loan was 52.28%.