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China's June new yuan loans hit 860.5 bln yuan

English.news.cn   2013-07-12 17:29:59            

BEIJING, July 12 (Xinhua) -- China's new yuan-denominated lending in June stood at 860.5 billion yuan (139.62 billion U.S. dollars), up from 667.4 billion yuan in May, the central bank said Friday.

The June figure was down 59.3 billion yuan from the same period of last year, the People's Bank of China (PBOC) said in a statement on its website.

In the first half, new yuan-denominated loans reached 5.08 trillion yuan, 221.7 billion yuan higher than a year ago, the statement said.

The country's social financing, a measure of funds raised by entities through bank credit and other ways, amounted to 1.04 trillion yuan in June, down 742.7 billion yuan from last year.

M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 14 percent year on year to 105.45 trillion yuan at the end of June.

The growth rate was down 1.8 percentage points from the May level but remained 0.2 percentage point higher than that seen at the end of 2012, PBOC said.

 

Editor: An
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