Statistics show that by the end of last December, Ningbo’s total banking assets and liabilities reached 1.452728 trillion yuan and 1.392335 billion yuan, an increase of 927.608 billion yuan and 881.499 billion yuan respectively over the end of 2006. The balance of deposits reached 1.065927 trillion yuan, an increase of 595.877 billion yuan or 126.8% [...]
Balance of deposits and loans for financial institutions exceeding a trillion yuan
News came from the Ningbo central branch of People’s Bank that in 2011, both the balance of deposits and the balance of loans for financial institutions exceeded a trillion yuan in Ningbo. The loans increased by 126.32 billion yuan, which serves as an effective support for Ningbo’s economic development and industrial transformation and upgrading. At [...]
