November loan increase of 294.8 billion year credit or up to 9.5 trillion

Economic observation Network reporter Zhang Ding Central bank released December 11 data show that November yuan loans increased by 294.8 billion yuan, and the economic observation network before the forecast data are closer.　　Shan, the bank's international banking analyst, said there was little difference between the forecasts and the annual credit limit of 9.5 trillion.　　In the November survey of macroeconomic data forecasts by the economic Observation Network, Huacheng, a macroeconomic analyst at China Merchants Securities, gave a forecast of 300 billion yuan, and Li Zhiping and Chengqingsheng, an analyst at Pudong Bank, gave an interval of up to 290 billion yuan, which was close to the final result. Shan said the November credit figures were expected.　　Banks have a habit of borrowing at the end of the year, possibly on a massive scale early in the coming years, and regulators have recently repeatedly stressed the need to control the risks of commercial banks themselves. Aloft, a senior financial analyst at Bank of Communications, said new loans were expected to remain roughly unchanged in December, with regulators tightening window guidance and bank lending targets largely complete.　　However, under the effect of the beginning of the year, there will be a noticeable increase next December. For next year's lending prospects, SocGen's chief economist, Lu Commissar, said the current low credit implied a more stable credit next year. Without taking into account the possible hundreds of millions of capital additions of the future state-owned banks, the current bank's capital adequacy ratio will not be enough to support next year's credit scale.　　This means that the lower the credit scale in subsequent months this year, the more "capital space" that can be used next year, so that credit can be more stable. Central bank data also showed that in late November 2009, the Broad Money supply (M2) grew 29.74% per cent year-on-year, 0.23% higher than the end of last month. The narrow money supply (M1) grew 34.63% per cent year-on-year, up 2.6% from the end of last month.　　Market Circulation Volume (M0) balance is 3.63 trillion yuan, an increase of 14.99%. M1 growth continues to be higher than M0, M2 and shows increased economic activity, and liquidity in financial markets remains in a state of abundance. The money circulation speed is accelerated, the demand characteristic is obvious.　　"Shan said. 1-November RMB loans increased 9.21 trillion yuan, more than 5.06 trillion yuan. Shan, the bank's international banking analyst, said the scale of credit should be controlled at 9.5 trillion a year. Credit is expected to be controlled from 7 to 8 trillion next year. (This article is a joint launch of the Economic observation Network and SINA Finance)