China's banks extended CNY 0.91 trillion in new yuan loans in February 2020, compared to a record CNY 3.34 trillion in the previous month and below market expectations of CNY 11.1 trillion, reflecting the impact of the coronavirus outbreak as many banks and companies shut down for most of the month due to strict anti-virus measures. Household loans decreased by CNY 413.3 billion compared with a rise of CNY 634.1 billion in January, while corporate loans dropped to CNY 1.13 trillion from CNY 2.86 trillion. Meanwhile, outstanding yuan loans grew 12.1 percent year-on-year, the same as in the previous month and matching forecasts. Total social financing, a broad measure of credit and liquidity in the economy, fell to CNY 0.85 billion yuan from an all-time high of 5.07 trillion in January, below consensus of 1.6 trillion yuan.

Banks Balance Sheet in China averaged 738.64 CNY Billion from 2004 until 2020, reaching an all time high of 3340 CNY Billion in January of 2020 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. China New Yuan Loans - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020. 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 2021, according to our econometric models.

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China New Yuan Loans

Actual Previous Highest Lowest Dates Unit Frequency
905.70 3340.00 3340.00 -32.10 2004 - 2020 CNY Billion Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-12-10 09:00 AM Nov CNY1390B CNY661.3B CNY1200B CNY1200B
2020-01-16 07:00 AM Dec CNY1140B CNY1390B CNY1194B CNY1050B
2020-02-20 08:00 AM Jan CNY 3340B CNY1140B CNY3000B CNY2950B
2020-03-11 08:00 AM Feb CNY905.7B CNY3340B CNY1100B CNY1150B
2020-04-14 09:00 AM Mar CNY905.7B CNY1800B CNY 1900B
2020-05-14 09:00 AM Apr
2020-06-12 09:00 AM May
2020-07-12 09:00 AM Jun CNY 1800B


News Stream
China New Bank Loans Below Forecasts
China's banks extended CNY 0.91 trillion in new yuan loans in February 2020, compared to a record CNY 3.34 trillion in the previous month and below market expectations of CNY 11.1 trillion, reflecting the impact of the coronavirus outbreak as many banks and companies shut down for most of the month due to strict anti-virus measures. Household loans decreased by CNY 413.3 billion compared with a rise of CNY 634.1 billion in January, while corporate loans dropped to CNY 1.13 trillion from CNY 2.86 trillion. Meanwhile, outstanding yuan loans grew 12.1 percent year-on-year, the same as in the previous month and matching forecasts. Total social financing, a broad measure of credit and liquidity in the economy, fell to CNY 0.85 billion yuan from an all-time high of 5.07 trillion in January, below consensus of 1.6 trillion yuan.
2020-03-11
Chinese Banks Extend Record New Yuan Loans
Chinese banks extended a record CNY 3.34 trillion in new yuan loans in January of 2020, higher than CNY 3.23 trillion a year earlier and market expectations of CNY 3 trillion. The record amount of credit comes amid higher demand during the Lunar New Year holidays and as the government tried to boost lending in an attempt to support the economy hurt by the coronavirus. Corporate loans jumped to CNY 2.86 trillion from CNY 424.4 billion in December while household loans, mostly mortgages, went down to CNY 634.1 billion from CNY 645.9 billion. Meanwhile, outstanding yuan loans increased 12.1 percent year-on-year, below 12.3 percent in December but in line with market forecasts. Total social financing, a broad measure of credit and liquidity in the economy, rose to a record high of CNY 5.07 trillion from CNY 2.103 trillion.
2020-02-20
China New Bank Loans Below Forecasts
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.
2020-01-16
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.
2019-12-10

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.