China Financial Daily

June 13, 2009

China’s central bank: in May added 664.5 billion yuan RMB loans

China’s central bank: in May added 664.5 billion yuan RMB loans
According to news site China’s central bank said in May of the loans increased by RMB 664.5 billion yuan, up by more than 346 billion yuan. 1-5 months of the loans increased by RMB 5.84 trillion yuan, up by more than 3.72 trillion yuan.

According to reports, 5 at the end of the financial institutions, loans of RMB 36.21 trillion yuan, up 30.6 percent, an increase over the previous high end of the year 11.87 percent the previous month high 0.88 percentage points at the end. Month of the loans increased by RMB 664.5 billion yuan, up by more than 346 billion yuan.

Situation from the sub-sectors: household loans increased by 187.6 billion yuan, an increase of 118.3 billion yuan year-on-year, of which short-term loans increased by 86.8 billion; long-term loans increased by 100.8 billion yuan. Non-financial companies and other sectors of loans increased by 476.9 billion yuan, an increase of 227.8 billion yuan year-on-year, of which short-term loans increased by 21.2 billion; long-term loans increased by 348.5 billion yuan; paper financing increased 86.2 billion yuan.

In addition, 1-May of the loans increased by RMB 5.84 trillion yuan, up by more than 3.72 trillion yuan. 5 at the end of the balance of foreign currency loans of financial institutions 258.2 billion U.S. dollars, up 4.95 percent decline in the month of foreign exchange loans increased by 15.4 billion U.S. dollars, up by 12.4 billion U.S. dollars more.

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