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Zhongshan's loans to private enterprises balance reaches 137.962 bn yuan last year
Updated: 2020-02-03    Source: Zhongshan Daily Large Medium Small Print

According to the People's Bank of China Zhongshan Central Branch, private, small, and micro enterprises' ability to obtain credit was improved by comprehensively deepened financial services towards these enterprises last year.

At the end of 2019, the total loan balance of private enterprises was 137.962 billion yuan, increasing by 12.8% from the previous year; the total balance of inclusive small and micro loans was 58.935 billion yuan, increasing by 32.86% compared with the beginning of the year, and accounting for 12% of various loan balances.

At the end of 2019, the city's corporate credit loan balance was 30.376 billion yuan, increasing by 37.83% from the previous year, of which the small and micro enterprises credit loan balance increased by 63.73%, much higher than the growth rate of other various loans in the same period.

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