Thursday, December 15, 2011

Dec 15 - New Incremental Loans in Nov. RMB 562.2 Billion, M2 Growth Rate Continue to Decline


Source: PBOC, ChinaScope Financial (Data)
+ RMB loans in November increased by RMB 562.2 billion, while RMB deposits increased by RMB 327.7 billion.
+ As of the end of November, outstanding RMB loan amounted to RMB 54.06 trillion, while total RMB deposits were RMB 79.51 trillion.
+ By the end of November, the outstanding broad money supply (M2) was RMB 82.55 trillion, up 12.7% YoY, marking the fifth month in a row with falling growth and the lowest growth rate since Oct, 2001.
+ Related Data: Total Loans, Total Deposits

Increasing RMB loans and deposits balance and slowing YoY growth.


For more data on financial sectors, please visit www.chinascopefinancial.com


Other News Headlines


  • New Incremental Loans in Nov. RMB 562.2 Billion, M2 Growth Rate Continue to Decline
  • China’s Electricity Consumption Increased 9.91% YoY in Nov.
  • China to Levy Anti-Dumping Duties on U.S. Imported Cars
  • Postal Savings Bank Lends RMB 78 Million to SMEs
  • Shanxi Government Lends RMB 1 Billion to Power Generators





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