China’s banks extended CNY 1610 billion in new yuan loans in June 2026, higher than CNY 520 billion in May, but well below CNY 2238 billion a year earlier and forecasts of CNY 2000 billion. Household loans including mortgages, increased by CNY 264.6 billion after a CNY 141.2 billion in May and corporate loans rose to CNY 1.5 trillion from CNY 640 billion. Credit growth typically accelerates in June as banks step up lending activity to meet their quarterly targets, but loan demand remains subdued. Considering the first half of the year, new yuan loans totaled CNY 10.72 trillion, less than CNY 12.92 trillion in the same period in 2025. Meanwhile, total social financing, which is a broad measure of credit and liquidity in the economy, rose by a net CNY 3.36 trillion, less than CNY 4.22 trillion last year and expectations of CNY 3.77 trillion. Loan growth also slowed to 5.2%, a new record low since at least 1998, down from 5.5% in the previous period and 7.1% a year earlier. source: People's Bank of China

New Bank Loans in China increased to 1610 CNY Billion in June from 520 CNY Billion in May of 2026. New Bank Loans in China averaged 991.73 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 July of 2026.

New Bank Loans in China increased to 1610 CNY Billion in June from 520 CNY Billion in May of 2026. New Bank Loans in China is expected to be 1830.00 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
2026-06-12 09:00 AM
New Yuan Loans
May CNY520B CNY-10B CNY550B CNY 500.0B
2026-07-15 07:00 AM
New Yuan Loans
Jun CNY1610B CNY520B CNY 2000B CNY 2000B
2026-08-13 09:00 AM
New Yuan Loans
Jul CNY1610B


Related Last Previous Unit Reference
Loan Prime Rate 1Y 3.00 3.00 percent Jul 2026
Outstanding Loan Growth YoY 5.20 5.50 percent Jun 2026
Loans to Households 829045.57 826399.82 CNY Hundred Million Jun 2026
Money Supply M0 14736.48 14685.47 CNY Billion Jun 2026
Money Supply M1 118477.55 114889.14 CNY Billion Jun 2026
M2 Money Supply YoY 356709.76 353668.89 CNY Billion Jun 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
1610.00 520.00 5130.00 -50.00 2004 - 2026 CNY Billion Monthly
Current Prices, NSA

News Stream
China New Yuan Loans Below Forecasts
China’s banks extended CNY 1610 billion in new yuan loans in June 2026, higher than CNY 520 billion in May, but well below CNY 2238 billion a year earlier and forecasts of CNY 2000 billion. Household loans including mortgages, increased by CNY 264.6 billion after a CNY 141.2 billion in May and corporate loans rose to CNY 1.5 trillion from CNY 640 billion. Credit growth typically accelerates in June as banks step up lending activity to meet their quarterly targets, but loan demand remains subdued. Considering the first half of the year, new yuan loans totaled CNY 10.72 trillion, less than CNY 12.92 trillion in the same period in 2025. Meanwhile, total social financing, which is a broad measure of credit and liquidity in the economy, rose by a net CNY 3.36 trillion, less than CNY 4.22 trillion last year and expectations of CNY 3.77 trillion. Loan growth also slowed to 5.2%, a new record low since at least 1998, down from 5.5% in the previous period and 7.1% a year earlier.
2026-07-15
China New Yuan Loans Slow
New yuan loans extended by Chinese banks rose by a net CNY 520 billion in May of 2026, slowing from the CNY 623 billion from the corresponding period of the previous year, and loosely aligned with market expectations of a net CNY 550 extension. The result marked the rebound from the unexpected domestic bank loans contraction in the previous month. In the meantime, aggregate financing, which is a broader measure of credit, rose by a net CNY 2.03 trillion, less than the CNY 22.9 trillion from last year but still above market expectations of CNY 1.87 trillion. Despite pointing to some resilience following the sharp slowdown at the start of the year, the figure continued to underscore the decline in the issuance of new bonds from the central and local governments in China, aligned with lower credit demand as Chinese consumption remains sluggish.
2026-06-12
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