Zhongshan sees stable growth in deposits and loans in Q1-Q3. According to The People's Bank Of China, Zhongshan Center Sub-branch, by the end of September this year, the city’s loan balance of home and foreign currency was 393.952bn yuan, with a 6.13% year-on-year increase.
Smaller companies credit sees booming growth. The credit outstanding of small and micro enterprises increased by 769mn yuan from the beginning of the year, accounting for 52.51% of the total added amount. By the end of Q3, the city’s credit outstanding reached 79.373bn yuan, up by 45.47% from last year.
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