After seven consecutive months of rising, the total loan amount of Chinese banks in April fell by 0.54% month-on-month to 841.923.8 million yuan; it rose by 4.50% year-on-year, and the increase was also lower than 4.80% in March. Consumer loans ushe...
After seven consecutive months of rising, the total loan amount of Chinese banks in April fell by 0.54% month-on-month to 841.923.8 million yuan; it rose by 4.50% year-on-year, and the increase was also lower than 4.80% in March.
Consumer loans ushered in their 14th month of increase, up 0.36% month-on-month to 328.139.3 million yuan. Housing and transitional loans, car loans and credit card loans rose by 0.38%, 0.85% and 1.07% month-on-month respectively.
General commercial activities loans fell 8.05% month-on-month to 86.273.5 million yuan.
The estimated loan data released by the Monetary Authority of Singapore (MAS) on Friday (May 30) showed that business activity loans fell 1.11% month-on-month to RMB 513.784.5 million, also the first decline in the past eight months. Among them, the construction industry loans were 177.823.8 million yuan, which was almost the same month-on-month.
