9月末山东社会融资规模达25.6万亿元

Core Insights - As of the end of September, Shandong's total social financing reached 25.6 trillion yuan, with significant year-on-year growth in financing volume and a historical low in financing costs [1][3][4] Financing Volume and Structure - In the first three quarters, Shandong's financing volume showed reasonable growth, with social financing, loans, and deposits increasing by 1.8 trillion yuan, 1.1 trillion yuan, and 1.3 trillion yuan respectively, compared to the previous year [2][3] - The balance of corporate loans reached 10.1 trillion yuan, marking a year-on-year increase of 12.2%, with manufacturing sector long-term loans growing by 11.6% [3] Financing Costs - The average interest rate for newly issued corporate loans in September dropped to 3.61%, a decrease of 0.31 percentage points year-on-year, indicating a trend of declining financing costs [4] - The People's Bank of China Shandong Branch has implemented measures to reduce the financial burden on enterprises and residents, including a reduction in personal housing loan rates, saving borrowers approximately 1.2 billion yuan annually [4] Cross-Border Trade and Investment - Cross-border trade and investment facilitation have improved, with a 36% increase in the number of trade facilitation transactions and a 44% increase in transaction amounts year-on-year [5] - By the end of September, cross-border RMB transactions reached 1.3 trillion yuan, a year-on-year growth of 17.6%, accounting for 40.8% of total cross-border transactions [5] Sectoral Loan Growth - Loans in key sectors such as technology, green finance, inclusive finance, elderly care, and digital economy reached 6.6 trillion yuan, with a year-on-year growth of 16.9% [5] - The growth rates for loans in these sectors significantly outpaced the overall loan growth, with technology and green finance sectors growing by 17.3% and 29.4% respectively [5]