Market personage says May new loan may exceed 600 billion yuan

Source: Internet
Author: User
Keywords Loans commercial banks continued
Market Personage said 8th to China Securities Daily, according to the latest statistics, May financial institutions new loans more than April of 591.8 billion yuan, will reach more than 600 billion yuan scale.  May RMB loan growth and M1 growth rate were also higher than the April level. A state-owned commercial bank, the new loans in May, the five state-owned commercial banks continue to maintain a high growth situation, at the same time, the total amount of long-term loans and the proportion has been further enhanced. This is largely due to the pull of the infrastructure projects of the month, the person said. Lianping, chief economist of Bank of communications, said that since May, the capital needs of the infrastructure sector to maintain a good momentum of growth, so as to maintain the rapid growth of bank loans to provide protection, at the same time, with the early implementation of large-scale projects and local government supporting measures, real estate, There are signs of a noticeable upturn in industries such as manufacturing, which has led to demand for loans from businesses and residents.  He believes that, as the economy stabilises, this situation will continue, and the second half of the loan increase and growth rate will remain at a high level. A joint-stock bank, May, the bank's bill financing scale further narrowing, the SME loan has been further increased. He believes that as the government has more incentives for SME financing and the possibility of changes in the interest rate market, more and more small and medium-sized banks will further reduce the bill discount scale, to the real economy in the field of loan business.
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