一季度深圳制造业融资成本、小微企业贷款利率“双降”

Core Insights - The Shenzhen Financial Regulatory Bureau held a press conference to discuss the banking and insurance sectors' performance in Q1 2025, highlighting total assets, loan balances, and premium income growth [1] Banking Sector Performance - As of March 31, 2025, the total assets of the banking sector under the Shenzhen Financial Regulatory Bureau reached 13.87 trillion yuan, with loan balances at 9.79 trillion yuan and deposit balances at 10.21 trillion yuan [1] - The financing cost for newly issued manufacturing loans decreased by 79 basis points year-on-year to 2.57%, while the loan balance for the manufacturing sector grew by 5.05% to 1.62 trillion yuan [3] - The average interest rate for newly issued loans to small and micro enterprises was 3.32%, with a total of 3.77 trillion yuan in new loans issued [3][5] Insurance Sector Performance - The insurance sector reported a premium income of 63.972 billion yuan in Q1 2025, reflecting a year-on-year growth of 4.40% [1] Support for Small and Micro Enterprises - The Shenzhen Financial Regulatory Bureau established a leadership group to enhance financial services for small and micro enterprises, resulting in a loan balance of 2.93 trillion yuan, a 5.8% increase year-on-year [5] - The balance of loans for inclusive small and micro enterprises reached 1.91 trillion yuan, growing by 7.3% year-on-year, maintaining the top position among major cities in China for five consecutive years [5] - The non-performing loan ratio for inclusive small and micro enterprise loans was 1.50%, lower than the overall loan non-performing ratio by 0.10 percentage points [5] Policy Initiatives - A new work plan was jointly issued to enhance financial support for foreign trade enterprises, including the introduction of insurance products for cross-border e-commerce [4] - The implementation of a no-repayment renewal policy for small and micro enterprises has led to a renewal balance of 410.832 billion yuan, an increase of 15.80% year-on-year [6]