|
CHINA> National
![]() |
|
China's new bank loans rise to 664.5b yuan in May
(Xinhua)
Updated: 2009-06-12 11:20 BEIJING -- China's bank credit expanded in May, with new yuan-denominated loans reaching 664.5 billion yuan (US$97.29 billion) in May, the People's Bank of China (PBOC), the central, said here Friday.
Outstanding loans by financial institutions grew 30.6 percent year on year to 36.21 trillion yuan as of May, the PBOC said. In the first quarter, China pumped 4.58 trillion yuan worth of new loans into the economy to stimulate growth. However, new bank credit shrank to 591.8 billion yuan in April as the peak season for bank lending ended. Reminbi deposits grew 1.33 trillion yuan in May, taking outstanding deposits to 54.63 trillion yuan, up 26.27 percent from a year earlier. M2 -- a broad measure of money supply, which covers cash in circulation and all deposits -- grew 25.74 percent year on year last month to 54.82 trillion yuan. The narrow measure of money supply, M1 (cash in circulation plus corporate current deposits), was up 18.69 percent year on year to 18.2 trillion yuan, which was 1.21 percentage points higher than the April level. Outstanding M0, or cash in circulation, hit 3.36 trillion yuan, up 11.24 percent from the same period last year.
|
武鸣县| 巴中市| 台湾省| 惠安县| 莲花县| 大方县| 阳新县| 天镇县| 手游| 营山县| 会昌县| 绥中县| 保靖县| 措勤县| 枣阳市| 太谷县| 永泰县| 延津县| 吉安市| 茂名市| 灵武市| 苍溪县| 灵武市| 桐柏县| 金山区| 乌兰察布市| 蒙城县| 麻城市| 北川| 余姚市| 阳山县| 蒲城县| 寿阳县| 观塘区| 汕头市| 肇东市| 德令哈市| 乐安县| 宜良县| 临城县| 收藏|