China's banks extended CNY 1.14 trillion in new yuan loans in December 2019, compared to CNY 1.39 trillion in the previous month and below market expectations of CNY 1.19 trillion. The PBOC is seen maintaining its accommodative stance despite easing trade tensions with the US, after economic growth slowed to the weakest in 30 years during the third quarter. New yuan-denominated loans totaled CNY 16.81 trillion in 2019.

Banks Balance Sheet in China averaged 724.22 CNY Billion from 2004 until 2019, reaching an all time high of 3230 CNY Billion in January of 2019 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. source: People's Bank of China

Banks Balance Sheet in China is expected to be 1900.00 CNY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Banks Balance Sheet in China to stand at 1300.00 in 12 months time. In the long-term, the China New Yuan Loans is projected to trend around 1800.00 CNY Billion in 2020, according to our econometric models.


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China New Yuan Loans

Actual Previous Highest Lowest Dates Unit Frequency
1140.00 1390.00 3230.00 -32.10 2004 - 2019 CNY Billion Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-15 08:40 AM Sep CNY1690B CNY1210B CNY1400B CNY1500B
2019-11-11 09:00 AM Oct CNY661.3B CNY1690B CNY800B CNY900B
2019-12-10 09:00 AM Nov CNY1390B CNY661.3B CNY1200B CNY1200B
2020-01-16 07:00 AM Dec CNY1140B CNY1390B CNY1194B CNY1050B
2020-02-14 09:00 AM Jan CNY1140B CNY2950B
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-12-10
China New Loans Rebound in November
The value of new yuan loans provided by the Chinese banks rose to CNY 1390 billion in November 2019 rebounding from CNY 661 billion in October, which was the lowest value since December 2017. Figures beat expectations of CNY 1200 billion and last year's reading of CNY 1250 billion as the PBoC has lowered several key interest rates in November and encouraged faster credit growth in order to support the economy. Bank lending in China usually increases in November after a decline in October when a week-long National Day holiday falls. Household loans, mostly mortgages, went up to CNY 683 billion from CNY 421 billion in October and corporate loans rose to CNY 679.4 billion from CNY 126 billion. Outstanding yuan loans grew 12.4% yoy, the same as in the previous month and slightly higher than market forecasts of 12.3%. Total social financing, a broad measure of credit and liquidity, increased to CNY 1750 billion from CNY 619 billion, which was the lowest since July of 2016.

2019-11-11
China New Loans Lowest in Near 2 Years
The value of new yuan loans provided by the Chinese banks fell to CNY 661.3 billion in October 2019 from CNY 1690 billion in September and below expectations of CNY 800 billion. It is the lowest value since December 2017, compared with CNY 697 billion a year earlier. Household loans, mostly mortgages, fell to CNY 421 billion from CNY 755 billion in September and corporate loans went down to CNY 126.2 billion from CNY 1.01 trillion. Outstanding yuan loans grew 12.4% yoy, below 12.5% in September and market forecasts of 12.5%. Total social financing, a broad measure of credit and liquidity, went down to CNY 618.9 billion from CNY 22725 billion in September, the lowest since July of 2016. To support growth and lending, the PBoC lowered the rate on one-year MLF loans by 5 basis points to 3.25% on November 5th, the first reduction since early 2016.

2019-10-15
China New Bank Loans Rise More than Expected
Chinese banks extended CNY 1.69 trillion in net yuan loans in September 2019, compared to CNY 1.21 trillion in the previous month and market forecasts of CNY 1.40 trillion. Household loans, mostly mortgages, advanced to CYN 755 billion from CNY 653.8 billion in August, and corporate loans jumped to CNY 1.01 trillion from CNY 651.3 billion.

2019-09-11
China New Bank Loans Rise More than Expected
Chinese banks extended CNY 1.21 trillion in net new yuan loans in August 2019, compared to CNY 1.06 trillion in the previous month and market consensus of CNY 1.20 trillion. Household loans, mostly mortgages, increased to CNY 653.8 billion in August from CNY 511.2 billion in July, while corporate loans rose to CNY 651.3 billion from CNY 297.4 billion. Foreign currency loans decreased by USD 1.4 billion.

2019-08-12
China New Bank Loans Below Expectations
Chinese banks extended CNY 1.06 trillion in net new yuan loans in July 2019, compared to CNY 1.66 trillion in the previous month and market consensus of CNY 1.25 trillion. Household loans, mostly mortgages, fell to CNY 511.2 billion in July from CNY 671.7 billion in June, while corporate loans tumbled to CNY 297.4 billion from CNY 910.5 billion. Chinese banks usually make fewer loans in July after boosting lending in June.

2019-07-12
China New Bank Loans Below Forecasts
Chinese banks extended CNY 1.66 trillion in net new yuan loans in June 2019, compared to CNY 1.18 trillion in the previous month and market consensus of CNY 1.70 trillion. Household loans, mostly mortgages, went up to CNY 761.7 billion from CNY 662.5 billion in April, while corporate loans rose to CNY 910.5 billion from CNY 522.4 billion a month earlier.


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.

China Money Last Previous Highest Lowest Unit
Interest Rate 4.15 4.15 5.77 4.15 percent [+]
Cash Reserve Ratio 13.00 12.50 21.50 6.00 percent [+]
Money Supply M0 7720.00 7397.38 8747.06 17.85 CNY Billion [+]
Money Supply M1 57600.00 56248.65 57600.00 74.51 CNY Billion [+]
Interbank Rate 3.17 3.17 9.89 0.00 percent [+]
Money Supply M2 198650.00 196142.96 198650.00 5840.10 CNY Billion [+]
Foreign Exchange Reserves 3108000.00 3095591.00 3993212.72 2262.00 USD Million [+]
Central Bank Balance Sheet 371130.48 363075.36 372492.06 34443.90 CNY HML [+]
Banks Balance Sheet 1140.00 1390.00 3230.00 -32.10 CNY Billion [+]
Loans to Private Sector 21030.00 21030.00 46791.00 -974.00 CNY HML [+]
Deposit Interest Rate 0.35 0.35 3.15 0.35 percent [+]
Loan Growth 12.30 12.40 34.44 10.60 percent [+]
Lending Rate 4.35 4.35 12.06 4.35 percent [+]
Loans To Banks 1525755.35 1514503.44 1525755.35 413413.10 CNY HML [+]
Reverse Repo Rate 2.50 2.50 4.40 2.25 percent [+]
Fixed Asset Investment 5.40 5.20 53.00 5.20 percent [+]