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CN Adds RMB10.68T in New Loans in 5M25; Mkt Expects ~RMB10.96T Increase
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The People's Bank of China announced that the balance of domestic and foreign currency loans stood at RMB270.2 trillion at the end of May, up 6.7% YoY, while the balance of RMB loans surged by 7.1% YoY to RMB266.32 trillion at the end of the month. In 5M25, RMB loans increased by RMB10.68 trillion, falling short of the market expectation of nearly RMB10.96 trillion. Meanwhile, the growth for 4M25 was revised to RMB10.0597 trillion. AAStocks Financial News |
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