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MessagePosté le: Ven 21 Sep - 04:22 (2018)    Sujet du message: Cheap Nike Air Max 270 Men's Camo Heel Répondre en citant

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BEIJING, Oct. 14 (Xinhua) -- Chinese banks extended a forecast-beating amount of new loans in September while broad money supply growth also accelerated, buoyed by credit demand from the real economy.


New yuan-denominated lending in September hit 1.27 trillion yuan (about 192.8 billion U.S. dollars), up from 1.09 trillion yuan in August Cheap Men's New Balance 574 Black White Shoes , well above market expectations, central bank data showed Saturday.


The M2, a broad measure of money supply that covers cash in circulation and all deposits, at the end of September rose 9.2 percent from a year earlier, accelerating from 8.9 percent recorded a month ago, the People's Bank of China (PBOC) said in a statement on its website.


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Newly added total social financing, a broader measure of new credit in the economy, reached 1.82 trillion yuan in September, up from 1.48 trillion yuan in August.


The combined data reflected the sharp drop in loans from banks to other financial firms, which is considered a key channel for financing shadow banking transactions, Bloomberg chief Asia economist Tom Orlik said in a research note.


China's central bank has been trying to strike a balance between defusing risks arising from shadow banking activities and guiding funds into the real economy to shore up growth.


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In a bid to improve credit support for small and micro-sized enterprises, startups and agricultural production, the PBOC recently announced a targeted reserve requirement ratio (RRR) cut.


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PBOC data also showed that in the first three quarters, Chinese banks extended 11.16 trillion yuan of new loans, 998 billion yuan more than the same period last year.


New loans made to non-financial enterprises and government institutions hit 5.73 trillion yuan in the first nine months, indicating credit demand from the real economy.


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