Central Bank: By the end of the second quarter, the balance of RMB loans of financial institutions was 25.085 trillion yuan, an increase of 8.8% year-on-year.

16:12 30/08/2024

According to statistics from the People's Bank of China, the balance of RMB loans of financial institutions at the end of the second quarter of 2024 was 25.085 trillion yuan, a year-on-year increase of 8.8%. In the first half of the year, RMB loans increased by 1.326 trillion yuan.

According to statistics from the People's Bank of China, at the end of the second quarter of 2024, the balance of various loans in financial institutions denominated in RMB was 25.085 trillion yuan, an increase of 8.8% year-on-year, with an increase of 1.326 trillion yuan in RMB loans in the first half of the year. The balance of RMB real estate loans at the end of the second quarter of 2024 was 5.31 trillion yuan, a decrease of 1% year-on-year, with a growth rate 0.04 percentage points higher than the end of the previous year; an increase of 197.6 billion yuan in the first half of the year, with an additional 42.7 billion yuan year-on-year.The balance of foreign currency loans for non-financial households was 8.157 trillion yuan, an increase of 3.8% year-on-year, an increase of 1.46 trillion yuan in the first half of the year. Among them, the balance of operating loans was 2.38 trillion yuan, an increase of 12.2% year-on-year, an increase of 1.64 trillion yuan in the first half of the year. The balance of consumer loans excluding personal housing loans was 2 trillion yuan, an increase of 6.6% year-on-year, an increase of 212.8 billion yuan in the first half of the year.This article is taken from the "People's Bank of China" WeChat public account. Edited by GMTEight: Li Fo.

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The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

Choose a Fed chairman who is "willing to lower interest rates", the history of American presidents has always been "difficult to fulfill their wishes"!