Core Viewpoint - The People's Bank of China released the financial statistics report for November 2025, indicating a steady growth in both RMB and foreign currency deposits, reflecting a robust banking sector and increased savings among households and enterprises [1] Group 1: Deposit Balances - As of the end of November, the total balance of RMB and foreign currency deposits reached 334.46 trillion yuan, marking an 8% year-on-year increase [1] - The balance of RMB deposits stood at 326.96 trillion yuan, with a year-on-year growth of 7.7% [1] Group 2: Monthly Increases - In the first eleven months of the year, RMB deposits increased by 24.73 trillion yuan [1] - Household deposits rose by 12.06 trillion yuan, while non-financial enterprise deposits increased by 1.09 trillion yuan [1] - Fiscal deposits grew by 2.04 trillion yuan, and deposits from non-banking financial institutions increased by 6.74 trillion yuan [1] Group 3: Foreign Currency Deposits - By the end of November, the balance of foreign currency deposits reached 1.06 trillion USD, reflecting a significant year-on-year growth of 28.3% [1] - In the first eleven months, foreign currency deposits increased by 206.7 billion USD [1]

Group 1: Financial Statistics Overview - The total social financing scale increased by 33.39 trillion yuan in the first eleven months of 2025, which is 3.99 trillion yuan more than the same period last year [4] - As of the end of November, the broad money supply (M2) reached 336.99 trillion yuan, reflecting an 8% year-on-year growth [4] - The narrow money supply (M1) stood at 112.89 trillion yuan, with a year-on-year increase of 4.9% [4] - The cash in circulation (M0) was 13.74 trillion yuan, showing a 10.6% year-on-year growth [4] Group 2: Loan and Deposit Statistics - By the end of November, the balance of RMB loans to the real economy was 267.42 trillion yuan, up 6.3% year-on-year [2] - The total RMB loans increased by 15.36 trillion yuan in the first eleven months, with household loans rising by 5.333 trillion yuan [6][5] - The total deposits in RMB increased by 24.73 trillion yuan in the first eleven months, with household deposits growing by 12.06 trillion yuan [5] Group 3: Currency and Interest Rates - The average weighted interest rate for interbank RMB market lending in November was 1.42%, which is 0.03 percentage points higher than the previous month [7] - The average weighted interest rate for pledged bond repos was 1.44%, up 0.04 percentage points from the previous month [7] Group 4: Cross-Border Transactions - In November, the cross-border RMB settlement amount under the current account was 1.49 trillion yuan, with goods trade accounting for 1.19 trillion yuan [8]

Core Viewpoint - South Korea's foreign exchange reserves have increased for the sixth consecutive month, reaching the highest level in three years at $430.66 billion as of the end of November, marking an increase of $1.84 billion from the previous month [1][5]. Group 1: Foreign Exchange Reserves - As of the end of November, South Korea's foreign exchange reserves stood at $430.66 billion, which is the highest level since August 2022 when it was $436.43 billion [1][5]. - The increase in foreign exchange reserves is attributed to higher investment income and an increase in foreign currency deposits by financial institutions [2][6]. Group 2: Composition of Reserves - The holdings of foreign securities, including U.S. Treasury bonds, increased by $1.39 billion to $379.35 billion, accounting for 88.1% of the total foreign exchange reserves [2][6]. - Foreign currency deposits rose by $0.49 billion to $26.43 billion, while Special Drawing Rights (SDR) saw a slight increase of $0.02 billion to $15.74 billion [3][7]. Group 3: Other Reserve Components - Gold holdings remained unchanged at $4.79 billion [4][8]. - The International Monetary Fund (IMF) reserve position decreased by $0.06 billion to $4.35 billion as of the end of November [4][8].

Core Insights - The total international assets of Macau banks increased by 3.2% quarter-on-quarter, reaching 21,536 million MOP (2,687 million USD) by the end of September 2025 [1] - The international liabilities of Macau banks also rose by 3.2% quarter-on-quarter, totaling 20,737 million MOP (2,587 million USD) by the same date [2] Group 1: International Assets - The total international assets of Macau banks amounted to 21,536 million MOP, with foreign assets increasing by 1.9% to 16,304 million MOP and local foreign currency assets rising by 7.7% to 5,233 million MOP [1] - The share of international business in Macau's overall banking operations remained stable, with international assets accounting for 84.5% of total bank assets and international liabilities making up 81.3% of total bank liabilities [1] - Major currencies in international banking transactions include the Hong Kong dollar (28.3%), US dollar (43.0%), Renminbi (21.8%), and other foreign currencies (6.1%), while the Macau dollar represents only 0.8% of international assets and 0.6% of international liabilities [1] Group 2: International Liabilities - The total international liabilities of Macau banks reached 20,737 million MOP, with external liabilities decreasing by 0.5% to 10,428 million MOP, while local foreign currency liabilities increased by 7.3% to 10,309 million MOP [2] - The primary component of international liabilities consists of foreign currency deposits from the Macau SAR government and residents, which increased by 1.9% to 7,805 million MOP [2] Group 3: Regional Distribution of Assets and Liabilities - The international banking business of Macau is primarily concentrated in Asia, with claims on Mainland China and Hong Kong accounting for 35.8% and 23.9% of total external assets, respectively [3] - In terms of external liabilities, Hong Kong and Mainland China represent 47.2% and 35.7% of total external liabilities, while claims on Portuguese-speaking countries and Belt and Road Initiative countries account for 0.6% and 14.8%, and liabilities for 0.4% and 6.9%, respectively [3]

Core Insights - The People's Bank of China reported that by the end of October, the total balance of both domestic and foreign currency deposits reached 332.92 trillion yuan, reflecting a year-on-year growth of 8.3% [1] - The balance of RMB deposits at the end of October was 325.55 trillion yuan, with a year-on-year increase of 8% [1] - In the first ten months of the year, RMB deposits increased by 23.32 trillion yuan, with household deposits rising by 11.39 trillion yuan, non-financial enterprise deposits increasing by 444.7 billion yuan, fiscal deposits up by 2.09 trillion yuan, and deposits from non-bank financial institutions growing by 6.66 trillion yuan [1] - The balance of foreign currency deposits at the end of October was 1.04 trillion USD, showing a year-on-year growth of 24.3% [1] - In the first ten months, foreign currency deposits increased by 186.6 billion USD [1]

Group 1 - The total balance of domestic and foreign currency loans in Shanghai reached 12.93 trillion yuan at the end of October, with a year-on-year growth of 7.3%, an increase of 0.2 percentage points from the previous month [1] - The balance of RMB loans was 12.31 trillion yuan, growing by 7.1% year-on-year, while foreign currency loans amounted to 865 billion USD, with a year-on-year increase of 11.6% [1] - In October, RMB loans increased by 17.8 billion yuan, with household loans increasing by 0.1 billion yuan and corporate loans decreasing by 7.3 billion yuan [1] Group 2 - In October, RMB financing through corporate bills increased by 8.4 billion yuan, with a year-on-year increase of 7.8 billion yuan [2] - Mergers and acquisitions loans and financing leases also saw increases of 1.2 billion yuan and 0.2 billion yuan respectively, with year-on-year increases of 3.1 billion yuan and 0.9 billion yuan [2] - Trade financing, operational loans, and fixed asset loans decreased by 10 billion yuan, 6.4 billion yuan, and 0.4 billion yuan respectively [2] Group 3 - The total balance of domestic and foreign currency deposits in Shanghai reached 24.08 trillion yuan at the end of October, with a year-on-year growth of 9.1% [3] - RMB deposits increased by 236.6 billion yuan, with household deposits decreasing by 115.8 billion yuan and non-financial corporate deposits decreasing by 19.2 billion yuan [3] - Foreign currency deposits increased by 1.2 billion USD, with a year-on-year increase of 3.9 billion USD [3] Group 4 - In October, RMB personal large-denomination certificates of deposit increased by 8.3 billion yuan, while non-financial corporate margin deposits increased by 50.7 billion yuan [4] - The increase in margin deposits for non-financial enterprises was accompanied by a decrease in current deposits and structured deposits [4] - The overall trend showed a significant increase in large-denomination and fixed-term deposits, while current and structured deposits saw declines [4]

Core Insights - The People's Bank of China released the financial statistics report for October 2025, indicating a significant growth in both domestic and foreign currency deposits [1] Group 1: Deposit Growth - As of the end of October, the total balance of domestic and foreign currency deposits reached 332.92 trillion yuan, reflecting a year-on-year increase of 8.3% [1] - The balance of RMB deposits at the end of October was 325.55 trillion yuan, with a year-on-year growth of 8% [1] - In the first ten months of the year, RMB deposits increased by 23.32 trillion yuan, driven by various sectors [1] Group 2: Sector Contributions - Household deposits rose by 11.39 trillion yuan, indicating strong savings behavior among individuals [1] - Non-financial enterprise deposits increased by 444.7 billion yuan, suggesting stable business operations [1] - Fiscal deposits grew by 2.09 trillion yuan, while deposits from non-bank financial institutions rose by 6.66 trillion yuan [1] Group 3: Foreign Currency Deposits - The balance of foreign currency deposits reached 1.04 trillion USD at the end of October, marking a year-on-year increase of 24.3% [1] - In the first ten months, foreign currency deposits increased by 186.6 billion USD, highlighting a growing interest in foreign currency savings [1]

Group 1: Loan Data - As of the end of September, the total balance of domestic and foreign currency loans in Shanghai reached 12.89 trillion yuan, a year-on-year increase of 7.1%, remaining stable compared to the previous month [1] - The balance of RMB loans was 12.3 trillion yuan, with a year-on-year growth of 7%, a decrease of 0.3 percentage points from the previous month [1] - The balance of foreign currency loans was 84 billion USD, showing a year-on-year increase of 8.3%, which is an increase of 4.8 percentage points compared to the previous month [1] Group 2: Loan Breakdown - In the first three quarters, RMB loans increased by 601.3 billion yuan, which is 302 billion yuan less than the same period last year [1] - Household loans increased by 260.7 billion yuan, with short-term loans rising by 4.9 billion yuan and medium to long-term loans increasing by 255.8 billion yuan [1] - Corporate loans increased by 273.1 billion yuan, with short-term loans rising by 151 billion yuan and medium to long-term loans increasing by 190.6 billion yuan [1] Group 3: Deposit Data - As of the end of September, the total balance of domestic and foreign currency deposits in Shanghai was 23.84 trillion yuan, a year-on-year increase of 8.4%, with a decrease of 0.2 percentage points from the previous month [2] - The balance of RMB deposits was 22.54 trillion yuan, with a year-on-year growth of 8.2%, a decrease of 0.5 percentage points from the previous month [2] - The balance of foreign currency deposits was 182.3 billion USD, showing a year-on-year increase of 11%, which is an increase of 4 percentage points compared to the previous month [2] Group 4: Personal and Corporate Deposits - In the first three quarters, personal RMB deposits saw an increase in time deposits and large-denomination certificates of deposit by 288.8 billion yuan and 48.7 billion yuan, respectively, with both showing a year-on-year decrease [3] - Non-financial enterprises' RMB deposits increased in notice deposits, large-denomination certificates of deposit, and structured deposits by 143.7 billion yuan, 131.2 billion yuan, and 78.5 billion yuan, respectively, with significant year-on-year increases [3] - Time deposits and margin deposits for non-financial enterprises increased by 38.1 billion yuan and 13.6 billion yuan, respectively, but both showed year-on-year decreases [3]

Core Insights - The People's Bank of China reported that as of the end of September, the total loan balance in Shanghai reached 12.89 trillion yuan, with a year-on-year growth of 7.1%, remaining stable compared to the previous month [1][2] Loan Growth - In the first three quarters, RMB loans increased by 601.3 billion yuan, which is a decrease of 302 billion yuan compared to the same period last year [2] - The breakdown of RMB loans shows that household loans increased by 260.7 billion yuan, while corporate loans rose by 273.1 billion yuan [2] - Foreign currency loans increased by 3.6 billion USD in September, with a total increase of 3.6 billion USD in the first three quarters, which is an increase of 8.8 billion USD year-on-year [2] Deposit Growth - The total deposit balance in Shanghai reached 23.84 trillion yuan by the end of September, with a year-on-year growth of 8.4% [4] - RMB deposits increased by 1.7 trillion yuan in the first three quarters, which is an increase of 218.2 billion yuan compared to the previous year [4] - Foreign currency deposits increased by 20.5 billion USD in the first three quarters, which is an increase of 9.1 billion USD year-on-year [4] Personal and Corporate Deposits - Personal fixed-term deposits increased by 288.8 billion yuan in the first three quarters, while corporate notice deposits rose by 143.7 billion yuan [5] - The increase in personal savings includes a rise in demand deposits and notice deposits, while corporate savings saw a significant increase in notice deposits and large-denomination certificates of deposit [5]

Core Insights - The People's Bank of China released financial statistics for the first three quarters of 2025, indicating a significant growth in both domestic and foreign currency deposits [1] Group 1: Domestic Currency Deposits - As of the end of September, the total balance of domestic and foreign currency deposits reached 332.18 trillion yuan, reflecting a year-on-year growth of 8.3% [1] - The balance of RMB deposits stood at 324.94 trillion yuan, with a year-on-year increase of 8% [1] - In the first three quarters of 2025, RMB deposits increased by 22.71 trillion yuan, driven by a rise in household deposits by 12.73 trillion yuan, non-financial enterprise deposits by 1.53 trillion yuan, fiscal deposits by 1.37 trillion yuan, and deposits from non-bank financial institutions by 4.81 trillion yuan [1] Group 2: Foreign Currency Deposits - As of the end of September, the balance of foreign currency deposits was 1.02 trillion USD, showing a year-on-year growth of 20% [1] - In the first three quarters, foreign currency deposits increased by 165.8 billion USD [1]