China new bank loans jump to US$492 billion in March, beating forecast

Logo South China Morning Post
South China Morning Post
By Reuters
  • Chinese banks extended 3.13 trillion yuan (US$492 billion) in new yuan loans in March
  • Broad M2 money supply grew by 9.7 per cent from a year earlier, while outstanding yuan loans grew by 11.4 per cent in March from a year earlier

Continue read on scmp.com

Logo Channel NewsAsia
BEIJING : Chinese banks extended 3.13 trillion yuan ($492 billion) in new yuan loans in March, up sharply from February and exceeding analyst...

Logo Investing.com
Reuters. FILE PHOTO: Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a branch of a commercial bank in Beijing, China,...

Logo Channel NewsAsia
BEIJING : New bank lending in China rose more than expected in March, while broad credit growth accelerated, from the previous month as the central bank kept...

Logo Channel NewsAsia
BEIJING :New bank lending in China rose more than expected in March, while broad credit growth accelerated from the previous month as the central bank kept...

Logo RTTNews
China's bank lending increased notably in March, data from the People's Bank of China showed on Monday. Bank extended CNY 3.13 trillion local currency loans...

Logo Business Standard
ALSO READ What is a collateral loan? What factors to consider while taking a home loan? TMS Ep136: India's 400 bn exports, 5G, Credit Suisse's Dan Fineman,...

Logo Nasdaq
March 25 (Reuters) - Indian banks' loans rose 8.5% in the two weeks to March 11 from a year earlier, while deposits rose 8.8%, the Reserve Bank of India's...

Logo Nasdaq
Recasts, adds detail, background SHANGHAI, April 8 (Reuters) - Foreign investors cut their holdings of Chinese sovereign debt in March, official data showed...

Logo Nasdaq
BoC Q4 net profit up 12.5% on-year NPL ratio 1.33% end-Dec vs 1.29% end-Sept NIM steady at 1.75% end-Dec from end-Sept Adds details SHANGHAI, March 29...

Logo Channel NewsAsia
BEIJING : China Development Bank said on Friday that it will provide at least 400 billion yuan ($62.86 billion) of loans in 2022 to support rural...

Logo Benzinga
Key T akeaways: Yixin posted a $43 million adjusted net profit last year, as its newer auto loan facilitation business rose 65% and its credit impairment...

Logo Channel NewsAsia
SHANGHAI: China's Bank of Communications reported a 9.2 per cent drop in fourth-quarter net profit on Friday (Mar 25). China's sixth-largest commercial bank...

Logo Nasdaq
SHANGHAI, March 15 (Reuters) - China's central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged on Tuesday,...

Logo Business Standard
ALSO READ Bandhan Bank collection efficiency ratio increases to 93 pc in December Bandhan Bank's overall collection efficiency ratio stands at 96% What...

Logo Nasdaq
SHANGHAI, March 25 (Reuters) - China's Bank of Communications Co Ltd (BoCom) 601328.SS, 3328.HK reported a 9.2% drop in fourth-quarter net profit on Friday....

Logo Nasdaq
BoCom's FY net profit above estimates NPL ratio 1.48% end-Dec vs 1.6% end-Sept NIM steady at 1.56% end-Dec vs 1.55% end-Sept Recasts, adds detail SHANGHAI,...

Logo Nasdaq
SHANGHAI, March 30 (Reuters) - Industrial and Commercial Bank of China (ICBC) 601398.SS, 1398.HK, the world's largest-listed lender by assets, reported a...

Logo Investing.com
EconomyBy Reuters18 Mar
Reuters. FILE PHOTO: People cross a bridge at Pudong financial district in Shanghai August 11, 2014. REUTERS/Carlos Barria BEIJING (Reuters) - China's fiscal...

Logo Nasdaq
Adds detail BEIJING, March 25 (Reuters) - Chinese food delivery giant Meituan 3690.HK on Friday reported a better-than-expected 30.6% rise in fourth-quarter...

Logo Business Standard
ALSO READ Understanding fixed and recurring deposits in banks Micro-loan disbursement up 154.5% QoQ to to Rs 64,899 cr in Sept: MFIN ICICI Bank eyes 40%...