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.