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Central Bank: Foreign and Domestic Currency Loan Balance Reached 281.52 Trillion Yuan at the End of February, Year-on-Year Growth of 6%
People’s Financial News, March 13 — The People’s Bank of China: As of the end of February, the balance of domestic and foreign currency loans was 281.52 trillion yuan, a year-on-year increase of 6%. The RMB loan balance at the end of the month was 277.52 trillion yuan, a year-on-year increase of 6%. In the first two months, RMB loans increased by 5.61 trillion yuan.
By sector, household loans decreased by 194.2 billion yuan, including a short-term loan decrease of 359.6 billion yuan and a medium- to long-term loan increase of 165.4 billion yuan; corporate (enterprise) loans increased by 5.94 trillion yuan, including a short-term loan increase of 2.65 trillion yuan and a medium- to long-term loan increase of 4.07 trillion yuan, while bill financing decreased by 908.9 billion yuan; non-bank financial institution loans decreased by 198.7 billion yuan.
As of the end of February, the foreign currency loan balance was 578.1 billion USD, a year-on-year increase of 8.6%. In the first two months, foreign currency loans increased by 33.1 billion USD.