Real estate loan growth is clearly falling

People's Daily Beijing, July 23 (reporter Tian Junyong) The People's Bank of China 23rd released the first half of the 2010 financial institutions loans to the statistical report showed that real estate loan growth has dropped significantly. The first half of the year, the main financial institutions and rural cooperative financial institutions and Urban credit cooperatives real estate renminbi loan added 1.38 trillion yuan, June end of the year the balance Rose 40.2%, compared to the end of March 4.1%. Among them, the first half of the real estate development loan added 162.5 billion yuan, the end of June year-on-year growth of 26.1%, respectively, compared to the end of last year and the end of March 4.5, 5%;　　6.5% higher than the end of last year, 3.8% lower than the end of March. The report shows that SME loan growth continues to be higher than large enterprise loans. At the end of June, the balance of small business loans by major financial institutions, rural cooperative financial institutions, urban credit cooperatives and foreign banks was 6.7 trillion yuan, an increase of 23.9%.　　Although the speed is 17.7% lower than the end of last year, but 7.7% higher than medium-sized enterprises, 11.4% higher than large enterprises. The report showed that the "three rural" loan growth rate continued to be higher than the same period of loans.　　The loan balances in China and the west grew higher than in the east. People's Daily (July 24, 2010, 02 edition)