RMB Deposits Increased by 21.97 Trillion Yuan in the First Ten Months

By the end of October, the balance of deposits in both domestic and foreign currencies reached 358.81 trillion yuan, an increase of 7.8% year-on-year. The balance of RMB deposits was 350.65 trillion yuan, up 7.7% year-on-year. In the first ten months, RMB deposits increased by 21.97 trillion yuan, of which household deposits rose by 8.47 trillion yuan, non-financial enterprise deposits increased by 1.91 trillion yuan, fiscal deposits grew by 3.03 trillion yuan, and deposits from non-bank financial institutions increased by 5.99 trillion yuan. By the end of October, the balance of foreign currency deposits was 1.22 trillion USD, an increase of 16.9% year-on-year. In the first ten months, foreign currency deposits increased by 155.3 billion USD.

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