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Ningbo's Loan Balance in the First Three Quarters Increased by 13.4% Year-on-Year
2021-10-22Text Size: A A A

Since the beginning of this year, our city's banking financial institutions have fully implemented a prudent monetary and credit policy and increased the supply of credit funds for the real economy. According to statistics from the Ningbo Central Sub-branch of the People's Bank of China, in the first three quarters, the city's loan balance in domestic and foreign currencies was 284.932 billion yuan, a year-on-year increase of 13.4% and an increase of 304.15 billion yuan from the beginning of the year.

Based on the reality of the jurisdiction, the city’s pedestrian system unifies its thoughts and actions to serve the real economy, serve the reform and opening up, and serve Ningbo as an “important window” model student and the establishment of a common prosperous pioneer city. It is flexible and precise in accordance with the monetary policy. Reasonable and moderate requirements, guide small and medium-sized corporate institutions to rationally arrange the total amount, structure and pace of credit loans, increase support for private, small and micro, "three rural" and other fields; guide financial institutions to make reasonable profit and guide small and micro enterprises to raise funds Cost is stable at a low level; actively promote and apply debt financing tools such as carbon neutral bonds, innovation and entrepreneurship bonds, and private enterprise bonds to help companies raise funds.

Since the beginning of this year, more than 80% of the city's corporate loan increments have been invested in private enterprises. By the end of September, the total loan balance of private enterprises exceeded 1 trillion yuan, a year-on-year increase of 16.9%. The city's inclusive small and micro loan balance exceeded 350 billion yuan by the end of September, an increase of 40% year-on-year, and the growth rate ranked first in the province for four consecutive months; an increase of more than 80 billion yuan from the beginning of the year, the increase exceeded the scale of last year. The increase in manufacturing loans ranked first in the province. By the end of September, the city’s manufacturing loan balance exceeded 500 billion yuan, a year-on-year increase of nearly 18% and an increase of more than 74.3 billion yuan from the beginning of the year.

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