Group 1: Loan Data - As of the end of December, the total loan balance in the Yangtze River Delta region reached 76.52 trillion yuan, with a year-on-year growth of 8.3%, a decrease of 0.1 percentage points from the previous month [1] - The balance of RMB loans was 75.65 trillion yuan, growing by 8.4% year-on-year, also down by 0.1 percentage points from the previous month [1] - Foreign currency loans amounted to 123.5 billion USD, with a year-on-year increase of 1.7%, maintaining the same growth rate as the previous month [1] - In 2022, RMB loans in the Yangtze River Delta increased by 5.83 trillion yuan, which is 633.6 billion yuan less than the previous year [1] - Household loans increased by 77.3 billion yuan, which is 696.1 billion yuan less year-on-year, with short-term loans decreasing by 300.5 billion yuan and medium to long-term loans increasing by 377.8 billion yuan [1] - Corporate loans increased by 5.6 trillion yuan, which is 189.7 billion yuan more than the previous year, with short-term loans increasing by 2.22 trillion yuan and medium to long-term loans increasing by 2.79 trillion yuan [1] - In December, RMB loans increased by 281.4 billion yuan, which is 937 billion yuan less year-on-year [1] - Foreign currency loans increased by 21 billion USD in 2022, which is 20.5 billion USD more than the previous year [1] - In December, foreign currency loans increased by 3 billion USD, which is 1 billion USD more year-on-year [1] Group 2: Deposit Data - As of the end of December, the total deposit balance in the Yangtze River Delta region reached 86.98 trillion yuan, with a year-on-year growth of 9.3%, an increase of 1.3 percentage points from the previous month [2] - The balance of RMB deposits was 84.1 trillion yuan, growing by 8.9% year-on-year, up by 1.4 percentage points from the previous month [2] - Foreign currency deposits amounted to 40.94 billion USD, with a year-on-year increase of 22.6%, although the growth rate decreased by 2.6 percentage points from the previous month [2] - In 2022, RMB deposits in the Yangtze River Delta increased by 6.9 trillion yuan, which is 2.83 trillion yuan more than the previous year [2] - Household deposits increased by 3.62 trillion yuan, which is 127.7 billion yuan more year-on-year [2] - Non-financial corporate deposits increased by 1.05 trillion yuan, which is 1.48 trillion yuan more than the previous year [2] - In December, RMB deposits increased by 713.8 billion yuan, which is 1.04 trillion yuan more year-on-year [2] - Foreign currency deposits increased by 754 million USD in 2022, which is 665 million USD more than the previous year [2] - In December, foreign currency deposits increased by 12 million USD, which is 67 million USD less year-on-year [2]

Group 1: Currency Loans - In 2025, the total foreign currency loans in the Yangtze River Delta increased by 2.1 billion USD, a year-on-year increase of 20.5 billion USD [1] - The total RMB loans in the region increased by 5.83 trillion CNY, a year-on-year decrease of 633.6 billion CNY [1] - Household sector loans increased by 77.3 billion CNY, a year-on-year decrease of 696.1 billion CNY, with short-term loans decreasing by 300.5 billion CNY and medium to long-term loans increasing by 377.8 billion CNY [1] Group 2: Corporate Loans - Corporate loans increased by 5.6 trillion CNY, a year-on-year increase of 189.7 billion CNY, with short-term loans increasing by 2.22 trillion CNY and medium to long-term loans increasing by 2.79 trillion CNY [1] - Bill financing increased by 481 billion CNY [1] - Non-bank financial institution loans decreased by 21.3 billion CNY, a year-on-year decrease of 64.7 billion CNY [1] Group 3: Deposits - In 2025, total RMB deposits in the Yangtze River Delta increased by 6.9 trillion CNY, a year-on-year increase of 2.83 trillion CNY [2] - Household sector deposits increased by 3.62 trillion CNY, a year-on-year increase of 127.7 billion CNY [2] - Non-financial corporate deposits increased by 1.05 trillion CNY, a year-on-year increase of 1.48 trillion CNY [2] Group 4: Foreign Currency Deposits - Total foreign currency deposits in the Yangtze River Delta increased by 75.4 billion USD, a year-on-year increase of 66.5 billion USD [2] - In December, foreign currency deposits increased by 1.2 billion USD, a year-on-year decrease of 6.7 billion USD [2]

Group 1: Monetary Supply and Deposits - In December 2025, the Hong Kong dollar money supply M2 and M3 both increased by 0.4%, with a year-on-year increase of 4.2% [1] - The total money supply M2 and M3 rose by 1.2% in December, with year-on-year increases of 11.6% [1] - Total deposits in recognized institutions increased by 1.2% in December, with Hong Kong dollar deposits and foreign currency deposits rising by 0.4% and 1.7% respectively [1] - For the entire year of 2025, total deposits and Hong Kong dollar deposits increased by 11.8% and 3.8% respectively [1] - Renminbi deposits in Hong Kong fell by 4.2% in December, totaling 960.1 billion yuan, reflecting corporate fund flows [1] Group 2: Loans and Advances - Total loans and advances increased by 1.3% in December, with a full-year increase of 2.3% for 2025 [2] - Loans used in Hong Kong (including trade financing) and loans used outside Hong Kong rose by 1.2% and 1.8% respectively in December [2] - The loan-to-deposit ratio for Hong Kong dollars decreased from 73.2% at the end of November to 72.9% at the end of December due to a larger increase in deposits compared to loans [2] - Residential mortgage loans increased, while loans for construction, property development, and investment decreased [2]

Core Insights - The People's Bank of China (Shanghai Headquarters) reported on the monetary credit situation in the Yangtze River Delta region for the end of December 2025, indicating a total deposit balance of 86.98 trillion yuan, a year-on-year increase of 9.3% [1][2] Summary by Category Overall Deposit Situation - As of December 2025, the total balance of both domestic and foreign currency deposits in the Yangtze River Delta reached 86.98 trillion yuan, with a growth rate of 9.3%, which is 1.3 percentage points higher than the previous month [1][2] - The balance of RMB deposits stood at 84.1 trillion yuan, reflecting an 8.9% year-on-year increase, with a growth rate 1.4 percentage points higher than the previous month [1][2] - Foreign currency deposits amounted to 409.4 billion USD, showing a year-on-year growth of 22.6%, although the growth rate decreased by 2.6 percentage points compared to the previous month [1][2] Annual Deposit Increases - In 2025, the Yangtze River Delta region saw an increase of 6.9 trillion yuan in RMB deposits, which is 2.83 trillion yuan more than the previous year [1][2] - Household deposits rose by 3.62 trillion yuan, an increase of 127.7 billion yuan year-on-year [1][2] - Non-financial enterprise deposits increased by 1.05 trillion yuan, which is 1.48 trillion yuan more than the previous year [1][2] - Fiscal deposits grew by 96.4 billion yuan, an increase of 33.2 billion yuan year-on-year [1][2] - Deposits from non-bank financial institutions rose by 1.64 trillion yuan, which is 732.7 billion yuan more than the previous year [1][2] - In December alone, RMB deposits increased by 713.8 billion yuan, which is 1.04 trillion yuan more than the same month last year [1][2] Foreign Currency Deposits - The total increase in foreign currency deposits for the year was 75.4 billion USD, which is 66.5 billion USD more than the previous year [1][2] - In December, foreign currency deposits increased by 1.2 billion USD, which is a decrease of 6.7 billion USD compared to the same month last year [1][2]

Core Insights - The People's Bank of China released the financial statistics report for 2025, highlighting significant growth in both RMB and foreign currency deposits [1] Group 1: Deposit Growth - As of the end of December last year, the total balance of RMB and foreign currency deposits reached 336.14 trillion yuan, marking a year-on-year increase of 9% [1] - The balance of RMB deposits at the end of December was 328.64 trillion yuan, with a year-on-year growth of 8.7% [1] - In the entire last year, RMB deposits increased by 26.41 trillion yuan, driven by a rise in household deposits by 14.64 trillion yuan, non-financial enterprise deposits by 2.31 trillion yuan, fiscal deposits by 657.9 billion yuan, and deposits from non-bank financial institutions by 6.41 trillion yuan [1] Group 2: Foreign Currency Deposits - The balance of foreign currency deposits at the end of December was 1.07 trillion USD, reflecting a year-on-year increase of 25% [1] - Throughout the last year, foreign currency deposits rose by 213.5 billion USD [1]

Core Insights - The People's Bank of China released the financial statistics report for 2025, indicating a significant growth in both domestic and foreign currency deposits [1] Group 1: Deposit Growth - As of the end of December 2025, the total balance of domestic and foreign currency deposits reached 336.14 trillion yuan, reflecting a year-on-year growth of 9% [1] - The balance of RMB deposits at the end of December 2025 was 328.64 trillion yuan, with a year-on-year increase of 8.7% [1] - In 2025, the total increase in RMB deposits was 26.41 trillion yuan, driven by a rise in household deposits by 14.64 trillion yuan, non-financial enterprise deposits by 2.31 trillion yuan, fiscal deposits by 657.9 billion yuan, and deposits from non-banking financial institutions by 6.41 trillion yuan [1] Group 2: Foreign Currency Deposits - By the end of December 2025, the balance of foreign currency deposits was 1.07 trillion USD, showing a year-on-year growth of 25% [1] - The total increase in foreign currency deposits for the year was 213.5 billion USD [1]

Group 1: Financial Data Overview - In December, the total RMB loans increased by 16.27 trillion yuan for the year, with household loans rising by 441.7 billion yuan and corporate loans increasing by 15.47 trillion yuan [1][8] - The broad money supply (M2) reached 340.29 trillion yuan at the end of December, reflecting an 8.5% year-on-year growth [5] - The total social financing scale stock at the end of 2025 was 442.12 trillion yuan, showing an 8.3% year-on-year increase [2] Group 2: Loan Composition - By the end of 2025, the balance of RMB loans to the real economy was 268.4 trillion yuan, up 6.3% year-on-year, while foreign currency loans decreased by 18% [2][3] - The increase in RMB loans to the real economy for the year was 15.91 trillion yuan, which was a decrease of 1.13 trillion yuan compared to the previous year [4] - The corporate bond balance reached 34.24 trillion yuan, marking a 6% year-on-year increase [2] Group 3: Deposits and Currency - The total deposits in both RMB and foreign currencies reached 336.14 trillion yuan at the end of December, with RMB deposits increasing by 26.41 trillion yuan for the year [6][7] - The foreign currency deposit balance was 1.07 trillion USD at the end of December, reflecting a 25% year-on-year growth [7] - The net cash injection for the year was 1.31 trillion yuan [5] Group 4: Interest Rates and Market Activity - The average weighted interest rate for interbank RMB market lending was 1.36% in December, lower than the previous month and the same period last year [9] - The total transaction volume in the interbank RMB market reached 218.03 trillion yuan for the year, with daily average transactions increasing by 2.1% year-on-year [8]

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].