Credit steady drop institutions forecast March add 500 billion

Every reporter Yang Kiuxin from Beijing in the credit tightening policy background, this March, the continued slowdown in credit growth has become a consensus in the industry.　　A number of institutions predict that March new credit will be in the size of 500 billion yuan, the growth rate is slightly lower than February. A macro-perspective report by Guotai said that, with a succession of declines in renminbi lending, it is expected to add 500 billion yuan in March, corresponding to 17.5% per cent credit growth.　　At the same time, the forecast value of 7.5 trillion of new credit is maintained, and credit growth will continue to decline.　　Guotai macro analyst Zhangchao In an interview, said that from March new credit scale analysis, 500 billion yuan should be a relatively close figure. Sheya, senior analyst at China Merchants Securities Research Department, also endorsed the 500 billion forecast. "This year the state is doing a lot to rein in the size of credit and banks are wary of lending," he said. According to the model of China Merchants Securities, the scale of new loans up to March should be around 1.95 trillion. It was already 1.45 trillion, so the credit scale for March should be around 500 billion, which should be slightly lower than the new loan in February. ”