PBOC: RMB deposits rose by 20.76 trillion yuan in the first three quarters

36Kr reports that PBOC data shows total on- and off-RMB deposits stood at 357.52 trillion yuan at the end of September, up 7.6% year-on-year. RMB deposits alone reached 349.45 trillion yuan, a 7.5% increase. During the first three quarters, RMB deposits grew by 20.76 trillion yuan. Household deposits increased by 9.39 trillion yuan, non-financial corporate deposits by 3.16 trillion yuan, fiscal deposits by 1.63 trillion yuan, and non-bank financial institution deposits by 4.41 trillion yuan. At the end of September, foreign currency deposits totaled $120 billion, up 17.7% year-on-year, with an increase of $139.4 billion during the first three quarters.