Chinese banks extended CNY 1.25 trillion in new yuan loans in August of 2022, much higher than CNY 0.68 trillion in July and compared to CNY 1.22 trillion a year earlier. Still, figures came below market forecasts of CNY 1.48 trillion. Household loans, rose to CNY 458 billion and corporate loans jumped to CNY 875 billion. Chinese authorities continue to boost credit in an attempt to support the economy, having doled out CNY 13.68 trillion in new loans in the first half of 2022, the highest on record for a six-month period. In August, the central bank lowered its key loan prime rates for a second time this year. Meanwhile, M2 money supply grew 12.2% above 12% in July and estimates of 12.1%. Outstanding yuan loans increased 10.9% compared with 11% in July and forecasts of 11%. source: People's Bank of China

Banks Balance Sheet in China averaged 867.18 CNY Billion from 2004 until 2022, reaching an all time high of 3980 CNY Billion in January of 2022 and a record low of -32.10 CNY Billion in July of 2005. This page provides - China New Yuan Loans - actual values, historical data, forecast, chart, statistics, economic calendar and news. China New Yuan Loans - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Banks Balance Sheet in China is expected to be 1320.00 CNY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China New Yuan Loans is projected to trend around 1200.00 CNY Billion in 2023 and 1800.00 CNY Billion in 2024, according to our econometric models.

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China New Yuan Loans



Calendar GMT Actual Previous Consensus TEForecast
2022-08-12 10:00 AM Jul CNY679B CNY2810B CNY1100B CNY2700B
2022-09-09 08:00 AM Aug CNY1250B CNY679B CNY1480B CNY1100B
2022-10-13 08:00 AM Sep CNY1250B CNY1320B


Related Last Previous Unit Reference
Interest Rate 3.65 3.65 percent Sep 2022
Cash Reserve Ratio 11.25 11.25 percent Sep 2022
Interbank Rate 2.42 2.53 percent Sep 2022
Money Supply M1 66460.00 66183.23 CNY Billion Aug 2022
Money Supply M0 9720.00 9650.92 CNY Billion Aug 2022
Money Supply M2 259510.00 257807.86 CNY Billion Aug 2022
Banks Balance Sheet 1250.00 679.00 CNY Billion Aug 2022
Foreign Exchange Reserves 3055000.00 3104000.00 USD Million Aug 2022
Central Bank Balance Sheet 384642.28 385627.47 CNY HML Aug 2022
Loans to Private Sector 24300.00 7561.00 CNY HML Aug 2022
Deposit Interest Rate 0.35 0.35 percent Aug 2022
Loan Growth 10.90 11.00 percent Aug 2022
Reverse Repo Rate 2.00 2.00 percent Sep 2022
Liquidity Injections Via Reverse Repo 2.00 2.00 CNY Billion Sep 2022
Loans To Banks 2073973.65 2061068.91 CNY HML Aug 2022
Lending Rate 4.35 4.35 percent Oct 2021

China New Yuan Loans
In China, new yuan loans refer to financial institutions Renminbi credit funds balance sheet. They represent more than four-fifths of all loans.
Actual Previous Highest Lowest Dates Unit Frequency
1250.00 679.00 3980.00 -32.10 2004 - 2022 CNY Billion Monthly

News Stream
China New Yuan Loans Rise Less than Expected
Chinese banks extended CNY 1.25 trillion in new yuan loans in August of 2022, much higher than CNY 0.68 trillion in July and compared to CNY 1.22 trillion a year earlier. Still, figures came below market forecasts of CNY 1.48 trillion. Household loans, rose to CNY 458 billion and corporate loans jumped to CNY 875 billion. Chinese authorities continue to boost credit in an attempt to support the economy, having doled out CNY 13.68 trillion in new loans in the first half of 2022, the highest on record for a six-month period. In August, the central bank lowered its key loan prime rates for a second time this year. Meanwhile, M2 money supply grew 12.2% above 12% in July and estimates of 12.1%. Outstanding yuan loans increased 10.9% compared with 11% in July and forecasts of 11%.
2022-09-09
China New Yuan Loans Retreat
Chinese banks extended CNY 0.679 trillion in new yuan loans in July of 2022, the lowest reading in three months and well below CNY 1.08 trillion a year earlier. The reading also disappointed investors which were expecting a reading of CNY 1.1 trillion, as covid curbs and the ongoing property crisis weighed on consumers mood and government bond issuance slowed. Outstanding yuan loans also rose at a slower pace (11% vs 11.2% in June) while M2 money supply grew 12%, above 11.4% in the previous month and estimates of 11.4%.
2022-08-12
China New Yuan Loans Top Forecasts
Chinese banks extended CNY 2.81 trillion in new yuan loans in June of 2022, higher than CNY 1.89 trillion in May and above market forecasts of CNY 2.4 trillion, amid policymakers' efforts to shore up the economy. Both credit supply and demand were high as the relaxation of covid-19 curbs and new stimulus including CNY 800 billion in funding for infrastructure projects boosted credit. Meanwhile, the M2 money supply rose 11.4%, the most since November of 2016, and forecasts of 11%. Outstanding yuan loans increased 11.2%, above 11% in May and forecasts of 11%.
2022-07-11