New yuan loans rise in Yangtze River Delta in November

SHANGHAI -- New yuan loans in the Yangtze River Delta region stood at 439.7 billion yuan ($69 billion) in November, 94.1 billion yuan more than the same period last year.

The balance of loans in the region stood at 49.65 trillion yuan at the end of November, up 14.2 percent from the same period last year, according to the People's Bank of China Shanghai Head Office.

The balance of loans in Chinese yuan reached 48.37 trillion yuan at the end of November, up 14.2 percent year-on-year. The growth rate was 0.1 percentage points higher than that of the previous month.

The balance of foreign currency loans hit $199.4 billion at the end of November, up 18.8 percent year-on-year.

The balance of the region's deposits stood at 60.23 trillion yuan at the end of November, up 9.3 percent year-on-year.

Shanghai and the provinces of Jiangsu, Zhejiang and Anhui are under the ambit of the Yangtze River Delta region.