Chinese banks extended 990 billion yuan in new yuan loans in December, up from November and outpacing analysts’ forecasts as government stimulus measures slowly spur credit demand.Financial institutions offered 18.09 trillion yuan of new loans in 2024, according to data released by the People’s ...
Chinese banks extended 1.25 trillion yuan ($180 billion) in new yuan loans in August, accelerating from 679 billion yuan in July, data released by the People's Bank of China (PBOC) on Friday showed. Broad money supply, or M2, increased 12.2 percent in August from a year...
Chinese banks extended 990 billion yuan in new yuan loans in December, up from November and outpacing analysts’ forecasts as government stimulus measures slowly spur credit demand. Financial institutions offered 18.09 trillion yuan of new loans in 2024, according to data released by the People’s ...
Chinese banks extended 990 billion yuan in new yuan loans in December, up from November and outpacing analysts’ forecasts as government stimulus measures slowly spur credit demand. Financial institutions offered 18.09 trillion yuan of new loans in 2024, according to data released by the People’s ...
New yuan loans totalled 18.08 trillion yuan in the first nine months, rising 1.36 trillion yuan from a year earlier, central bank data showed. Growth of outstanding total social financing (TSF), a broad measure of credit and liquidity in the economy, quickened to 10.6 percent in September, up...
New yuan loans jumped 922.7 billion yuan to 4.9 trillion yuan last month from a year earlier, according to data released by the People’s Bank of China on Friday. Corporate borrowing soared to 4.68 trillion yuan in January, data from the PBOC showed. The M2, a broad measure of money supp...
But new yuan loans declined by 136.8 billion yuan to 1.09 trillion yuan last month from a year ago. Household loans, which refer to mortgages and other forms of credit extended to individuals, rose by 292.5 billion yuan, corporate borrowing jumped by 822.1 billion yuan, and loans to non-bank...
China's new yuan-denominated loans totaled 21.31 trillion yuan in 2022, up 1.36 trillion yuan year-on-year, central bank data showed Tuesday. In December alone, new yuan loans stood at 1.4 trillion yuan, up 266.5 billion yuan year on year, according to the People's Bank of China (PBOC)...
BEIJING, June 10 (Xinhua) -- China's new yuan-denominated loans totaled 1.89 trillion yuan (about 282.1 billion U.S. dollars) in May, central bank data showed Friday. The figure increased by 392 billion yuan from the same period last year, according to the People's Bank of China. The...
China's new yuan-denominated loans totaled 21.31 trillion yuan in 2022, up 1.36 trillion yuan year-on-year, central bank data showed Tuesday. In December alone, new yuan loans stood at 1.4 trillion yuan, up 266.5 billion yuan year on year, according to the People's Bank of China (PBOC)...