Guangdong banking, insurance H1 core indicators top nation; manufacturing loans up 560.4 billion yuan
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.
- Effective
- +8
- Intensity
- 25
- Confidence
- 70%
- Horizon
- Medium term