New yuan loans by Chinese banks fell by a net CNY 10 billion in April of 2026, contrasting with the net CNY 285 billion extended in the corresponding period of the previous year and market expectations of a net CNY 300 billion increase. Likewise, aggregate financing, a broad measure of credit flows, fell to a net CNY 620 billion in the period, the lowest in two years and well under forecasts of a CNY 1.5 trillion net increase. The figure point to a slowdown in the issuance of new bonds from the central and local governments in China, reflecting pressure in credit demand as aggregate demand in China remains sluggish despite the signals of incoming stimulus measures. source: People's Bank of China

New Bank Loans in China decreased to -10 CNY Billion in April from 2990 CNY Billion in March of 2026. New Bank Loans in China averaged 991.19 CNY Billion from 2004 until 2026, reaching an all time high of 5130.00 CNY Billion in January of 2025 and a record low of -50.00 CNY Billion in July of 2025. This page includes a chart with historical data for China New Bank Loans. China New Bank Loans - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

New Bank Loans in China decreased to -10 CNY Billion in April from 2990 CNY Billion in March of 2026. New Bank Loans in China is expected to be 2000.00 CNY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China New Bank Loans is projected to trend around 1320.00 CNY Billion in 2027 and 1520.00 CNY Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-13 09:00 AM
New Yuan Loans
Mar CNY2990B CNY900B CNY3400B CNY2250.0B
2026-05-14 09:00 AM
New Yuan Loans
Apr CNY-10B CNY2990B CNY300B CNY320.0B
2026-06-13 09:00 AM
New Yuan Loans
May CNY-10B CNY 500.0B


Related Last Previous Unit Reference
Loan Prime Rate 1Y 3.00 3.00 percent Apr 2026
Outstanding Loan Growth YoY 5.60 5.80 percent Apr 2026
Loans to Households 827811.62 835681.33 CNY Hundred Million Apr 2026
Money Supply M0 14747.74 14708.28 CNY Billion Apr 2026
Money Supply M1 114583.37 119320.30 CNY Billion Apr 2026
M2 Money Supply YoY 347190.00 340294.81 CNY Billion Jan 2026


China New Bank Loans
In China, new yuan loans refer to financial institutions Renminbi credit funds balance sheet. They represent more than four-fifths of all loans.
Actual Previous Highest Lowest Dates Unit Frequency
-10.00 2990.00 5130.00 -50.00 2004 - 2026 CNY Billion Monthly
Current Prices, NSA

News Stream
China New Yuan Loans Unexpectedly Contract
New yuan loans by Chinese banks fell by a net CNY 10 billion in April of 2026, contrasting with the net CNY 285 billion extended in the corresponding period of the previous year and market expectations of a net CNY 300 billion increase. Likewise, aggregate financing, a broad measure of credit flows, fell to a net CNY 620 billion in the period, the lowest in two years and well under forecasts of a CNY 1.5 trillion net increase. The figure point to a slowdown in the issuance of new bonds from the central and local governments in China, reflecting pressure in credit demand as aggregate demand in China remains sluggish despite the signals of incoming stimulus measures.
2026-05-14
China New Yuan Loans Fall More than Expected
New yuan loans extended by Chinese banks fell to CNY 2.990 trillion in March of 2026 from CNY 3.363 trillion in the corresponding period of the previous year, firmly below the median market forecast of CNY 3.4 trillion to mark the lowest extension in the period since 2021. Likewise, aggregate financing, a broad measure of credit flows, fell to CNY 5.23 trillion in March from CNY 5.896 trillion, missing forecasts of CNY 5.4 trillion. Consumers' demand for credit remained muted as the ongoing property crisis, as weak purchasing power in the economy and an oversupply of housing dents demand for new homes, especially outside big cities. At the same time, government bond issuance slipped to around CNY 1 trillion from CNY 1.5 trillion.
2026-04-13
New Yuan Loans Drop More Than Expected
Banks extended CNY 900 billion in new loans in February of 2026, slowing from the 1,009 billion in new loans from the corresponding period of the previous year and slightly missing market expectations of CNY 979 billion. It was the eighth consecutive annual decline in the extension of new yuan credit, underscoring the lower demand for loans by Chinese businesses and the government's goal to cap capacity from selected goods-producing industries that rely on loans. Still, aggregate financing, a broad measure of credit in the economy edged higher to CNY 2.38 trillion from CNY 2.23 trillion last year, above expectations of CNY 2.13 trillion despite slower issuance of government bonds.
2026-03-13