June new loan more than 1.5 trillion yuan

Source: Internet
Author: User
Keywords Loans credit financial institutions all year
Tags added analysts clear credit financial financial industry financial institutions market
Central bank's first "advance" disclosure of credit figures in the first half of the month credit increment the financial industry said the "big number" at last evening had a clear answer: the central bank in a rare early release of the market-focused credit figures.  18 o'clock last evening, the central bank announced that, according to a preliminary report by the bank's investigation and Statistics Division, June yuan loans for financial institutions were added to 1.5304 trillion yuan last month, and deposits were added 2.0022 trillion yuan last month.  Capital in place to push up loans for June credit growth exceeded trillion, the market was early expected, but the final figure is more than the market 1.3 trillion yuan the highest expectations. Institutional analysts believe that, in addition to the bank's end of the end of the loan size factor, because capital construction projects mainly from the central government funding, capital in place after the bank to lend, and May issued a third group of central investment 70 billion yuan, but also cut the majority of infrastructure projects, the proportion of capital,  That has pushed up the size of the June government program-related lending. Yesterday, the central bank did not disclose M1, M2 and other money supply, and loan growth ratio, structure and other figures, only said "detailed data will be announced recently."  Previously, the central bank reported credit figures for the first one months of the month, 11th or 12th, and evaluated credit figures with short comments such as "reasonable growth", "excessive growth" and "more". The year's credit crunch of 10 trillion plus the first 5 months of the year, financial institutions in the first half of the new renminbi loan has exceeded 7 trillion yuan, reached a record 7.3667 trillion yuan. In the first 5 months of this year, the RMB credit increment of financial institutions was 1.62 trillion yuan, 1.07 trillion yuan, 1.89 trillion yuan and 591.8 billion yuan, 664.5 billion yuan. Last year, financial institutions RMB loans increased by a comparable caliber of 4.91 trillion yuan.  Currently, loans in the first half of this year have exceeded 50% over the whole year. "The banking sector experienced unprecedented credit growth in the first half of this year.  "Yesterday, Shusong, deputy director of the Financial Institute of the Development Research Center of the State Council, said that even if the credit dropped significantly in the second half of the year, more than 8 trillion yuan is not a problem, if the tone of macro policy unchanged, the full year of credit can reach 10 trillion yuan. In fact, previous banking institutions have made similar predictions.  Standard Chartered economist Stephen Green raised the estimate of the size of bank credit in 2009 to 10 trillion yuan. Inflationary expectations blow up big asset bubbles in response to high credit, the climate of fear of inflationary expectations and asset bubbles is starting to emerge. Weiganing, Vice minister of macroeconomics at the State Council's Development Research Center, said publicly that it was estimated that about 20% of credit funds flowed into the stock market in the first half, and about 30% of credit funds flowed into the bill market.  The result, he argues, is to drive bubbles. Now, the rapid rise in property and stock markets has deepened concerns among economic analysts. Many analysts said the rally was driven by ample liquidity because publicMost of the first half of the performance reported losses, no substantial support.  The high price of the king of the phenomenon, but also supporting the full fund began to stare at the real estate market. However, experts expect credit growth in the second half of the year not to sustain the "days" of the first half.  Internationally, some countries have begun to consider the appropriate tightening of overly loose monetary policy, while starting to find ways to recycle the currency that has been put into the market in response to the financial crisis. Yesterday, the central bank has reacted swiftly, deciding to issue 50 billion yuan a year, and the recovery signal is clearer.

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