央行上海总部：9月上海新发放企业贷款加权平均利率2.72%

Core Insights - The People's Bank of China Shanghai Headquarters held a press conference discussing the financial performance of Shanghai and the progress of the "Five Major Articles" initiative in 2025 [1] Financial Performance - As of the end of September, the total balance of loans in Shanghai reached 12.89 trillion yuan, a year-on-year increase of 7.1%, which is 0.6 percentage points higher than the national average [1] - Household loans increased by 11.4% year-on-year, with personal housing loans growing by 9.2% [1] - Non-financial enterprise loans rose by 4.1%, with medium to long-term loans increasing by 5.2% [1] - Foreign loans saw a significant increase of 24.9% year-on-year [1] Loan Structure and Costs - The loan structure is improving, with rapid growth in loans to technology and inclusive finance sectors [1] - By the end of September, loans in the information technology sector, research services, and inclusive small and micro enterprises grew by 29.1%, 21%, and 16% respectively [1] - The weighted average interest rate for newly issued corporate loans in September was 2.72%, down 43 basis points from the previous year, marking a historical low [1] - The weighted average interest rate for small and micro enterprise loans was 3%, a decrease of 42 basis points year-on-year [1] Deposit Growth - In the first three quarters of this year, deposits in Shanghai accelerated, with a notable increase in deposit activity [1] - By the end of September, the total balance of deposits in Shanghai reached 23.84 trillion yuan, a year-on-year increase of 8.4%, which is 0.9 percentage points higher than the previous quarter and 0.1 percentage points above the national average [1] - Household deposits increased by 10.3% year-on-year, while non-financial enterprise deposits grew by 6.3% [2] - Both household and non-financial enterprise demand deposits saw a significant rebound, increasing by 3.1 and 5.5 percentage points respectively compared to the previous quarter [2] - Time deposit growth rates declined for both households and non-financial enterprises, dropping by 4.1 and 7.2 percentage points respectively compared to the previous quarter [2] - Non-bank financial institution deposits increased by 12.1% year-on-year [2] Future Outlook - The People's Bank of China Shanghai Headquarters plans to continue implementing monetary policy tools and deepen financial reforms to promote high-quality economic and financial development in Shanghai [2]