增速快于全国0.7个百分点，2025年末山东省社会融资规模达25.9万亿元

Core Viewpoint - The People's Bank of China Shandong Branch reported stable growth in financial metrics for 2025, with significant increases in social financing, loans, and deposits, indicating a positive monetary environment for economic development in Shandong province [1][2]. Financial Metrics - As of December 2025, Shandong's social financing scale reached 25.9 trillion yuan, with year-on-year growth of 9.0%, outpacing the national average by 0.7 percentage points [1][2]. - The balance of domestic and foreign currency loans was 16.3 trillion yuan, growing by 8.2%, and the balance of deposits was 19.0 trillion yuan, increasing by 9.1%, both exceeding national growth rates [1][2]. Financing Costs - Financing costs have shown a slight decrease, with the average interest rate for new corporate loans at 3.57%, down by 0.19 percentage points year-on-year, marking a historical low [2]. - The average interest rate for new personal housing loans was 3.05%, with a minor decrease of 0.01 percentage points year-on-year [2]. Loan Coverage - The number of enterprises receiving loans increased to 310,000 by December, up by 33,000 from the beginning of the year, reflecting an expanded loan coverage [3]. Credit Structure - The loan balance for enterprises reached 10.9 trillion yuan, with a year-on-year growth of 12.6%, significantly higher than the overall loan growth rate [4]. - In 2025, the increase in enterprise loans amounted to 1.2 trillion yuan, which is 773.5 billion yuan more than the previous year, setting a historical record for the same period [4]. Support for High-Quality Transformation - The implementation of structural monetary policy tools led to over 190 billion yuan in loans aimed at technological innovation and carbon reduction [5]. - By November, loans in the "Five Major Articles" sector reached 6.7 trillion yuan, growing by 15.6% year-on-year, accounting for 78.9% of the total loan increase [5]. Investment Expansion - Loans for fixed assets and infrastructure reached 4.2 trillion yuan and 4.9 trillion yuan, respectively, with year-on-year growth rates of 10.2% and 14.0%, both exceeding the overall loan growth rate [5]. Consumption Promotion - The balance of medium- and long-term consumer loans, excluding personal housing loans, was 448.03 billion yuan, with a year-on-year increase of 10.9% [6]. - Loans in the wholesale and retail sectors, as well as accommodation and catering, saw significant growth rates of 21.1% and 19.9%, respectively [6]. Foreign Trade and Investment - The implementation of trade facilitation policies resulted in a 35% year-on-year increase in pilot business transactions, totaling 93.3 billion yuan [6]. - Cross-border RMB transactions reached 1.5 trillion yuan from January to November, growing by 16.2% year-on-year, with RMB accounting for 40.5% of total cross-border transactions [6]. Future Outlook - The People's Bank of China Shandong Branch plans to continue supporting green, low-carbon, and high-quality development while enhancing financial services for the real economy [7].