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CN New RMB Loans Grow by RMB15.36T in 11M25, vs RMB15.4176T in Mkt Consensus
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By the end of November, the balance of domestic and foreign currency loans amounted to RMB274.84 trillion, up 6.3% YoY, as announced by the People's Bank of China (PBOC). The balance of RMB loans at the end of the month was RMB271 trillion, up 6.4% YoY. In 11M25, RMB loans increased by RMB15.36 trillion, compared to the market consensus of RMB15.4176 trillion. By sector, household loans grew by RMB533.3 billion, of which short-term loans decreased by RMB732.8 billion, while medium- to long-term loans increased by RMB1.27 trillion. AASTOCKS Financial News Website: www.aastocks.com |
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