Beijing, November 25 (IANS). According to the news received from the Xitsang (Tibet) Autonomous Region Branch of the People’s Bank of China, various banking financial institutions have continued to provide loans in Xitsang since this year. As of the end of October, the balance of RMB debt in Shixing reached 6 trillion 66 billion 393 million yuan, an increase of 11.90% from the same period last year, this growth rate ranked first in the country.
According to the information, Shitsang’s financial loan assistance has not decreased compared with the same period last year, and services in key areas continue to improve. Medium and long term credit is increasing rapidly and there is adequate financial support for construction of infrastructure.
In addition, Shitsang’s financial system has launched a number of financial measures to promote consumption, which are effectively promoting the release of Shitsang’s consumption vitality and potential. Along with this, personal consumption loans are also increasing rapidly.
(Credits- China Media Group, Beijing)
–IANS
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