On October 27, the Hubei branch of the People's Bank of China announced the financial performance of Hubei Province for the third quarter of 2026. By the end of September, the balance of loans in local and foreign currency in the province reached 9.92 trillion yuan, up 6.1% year on year. The increase was 1.4 percentage points higher than the national average, an increase of 531.6 billion yuan over the beginning of the year. From January to September, the average interest rate for newly issued corporate loans in the province was 3.01%, down 12BP from the previous year. Currently, it is at a low level in history and in the country.

Zhitongcaijing · 4d ago
On October 27, the Hubei branch of the People's Bank of China announced the financial performance of Hubei Province for the third quarter of 2026. By the end of September, the balance of loans in local and foreign currency in the province reached 9.92 trillion yuan, up 6.1% year on year. The increase was 1.4 percentage points higher than the national average, an increase of 531.6 billion yuan over the beginning of the year. From January to September, the average interest rate for newly issued corporate loans in the province was 3.01%, down 12BP from the previous year. Currently, it is at a low level in history and in the country.