On January 18, the reporter learned from the People's Bank of China, Chenzhou City Center Sub-branch was informed that the balance of foreign currency deposits of financial institutions in our city was 240.496 billion yuan by the end of 2016, an increase of 46.594 billion yuan from the beginning of year; the balance of the loan was 107.567 billion yuan, an increase of 12.996 billion yuan from the beginning of the year.

It was understood that the city's financial institutions conscientiously implemented the prudent monetary policy, vigorously supported the steady growth of our city, adjusted the structure, promoted reform, benefit the people to achieve new results in 2016. People's Bank of China Chenzhou City Center Sub-branch made full use of a variety of monetary policy tools for financial institutions to provide low-cost funds and the total amount of re-lending was 1.11 billion yuan; handled the rediscount of 232 million yuan and 210 million yuan for standing lending facility. The city's policy banks newly added key construction fund of 1.618 billion yuan and pledged supplementary lending of 1.65 billion yuan to support our city's water conservancy, reconstruction of shanty towns, new-type urbanization and other key projects; the commercial banks newly added agriculture-related loans of 8.62 billion yuan, Micro-enterprise loans of 4.08 billion yuan, the tertiary industry loans of 3.86 billion yuan, etc., to support our city's real economy transformation and upgrading and quality and efficiency; newly added individual housing loans of 5.307 billion yuan to support our city's real estate market to inventory. In addition, supported enterprises to "reduce costs" through reducing bank lending rates, speeding up government debt replacement, expanding off-balance-sheet financing and other means. Preliminary estimated, at least reduced the financial cost more than 2 billion yuan for enterprises all year round.