On April 18, the People's Bank Shanghai Headquarters announced the MMF Crediting running situation for the first quarter of 2025 in Shanghai. The data shows that in the first quarter, RMB loans in Shanghai increased by 415.1 billion yuan, RMB deposits decreased by 120.2 billion yuan, and personal RMB time deposits increased by 185 billion yuan.
People's Bank Shanghai Headquarters: In the first quarter, Shanghai's RMB loans increased by 415.1 billion yuan.
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