In the first three quarters of 2024, Guangxi's increase in social financing scale reached 466.392 billion yuan, with loans as the main growth driver. The growth rate of loan surpassed the national average by 1.4 percentage points, ranking 10th nationally and 3rd in western China, marking a consistent upward trend.
This year, Nanning's financial sector maintained stability, with total deposits and loans steadily rising. Credit funds were directed toward real enterprises, key sectors, and vulnerable areas, laying a solid foundation for high-quality economic and social development of Nanning. From January to September, the weighted average interest rate for newly-issued loans to corporates was 3.45%, down by 0.26 percentage point year on year, reaching a historic low. As of the end of September, Nanning has led Guangxi in both deposit and loan growth for local and foreign currency.