Guangdong's banking and insurance sectors led the nation in H1 core indicators, including total assets, liabilities, deposits, loans, insurance premiums, and underwriting profits. Manufacturing loans rose by RMB 560.4 billion, with over 40% directed to high-tech manufacturing. Foreign trade enterprise loans grew 11.44%, and export credit insurance coverage increased 7.3%. Regional loan growth in northern Guangdong reached 6.22%, while small business and agriculture loans expanded 9.25% and 6.04% respectively.
Quotas for 318 commercial banks' interbank deposit certificates totalled RMB 30.3 trillion in 2026, down RMB 1.6 trillion or 5% from 2025, reversing a sustained growth trend. The filing was delayed until July, reflecting weak real-economy financing demand and an asset shortage as deposit growth outpaced loan growth. RMB loan growth hit a record low of 5.2% in June 2026. Adjustments were uneven: Industrial Bank cut its quota by RMB 600 billion, while Agricultural Bank of China and China Construction Bank raised theirs.