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.