New yuan loans expected to decrease to CNY 665bn in July.

By bne IntelliNews August 9, 2012
China's new yuan loans are expected to decrease to CNY 665bn in July this year, as compared to CNY 919.8bn registered in June. As reported by Dow Jones Global Equities News, the amount of new yuan loans in the country is projected to steeply decline during the period, as a result of seasonal factors, although it still robust as compared to lending in the same month of the previous two years. The country's credit demand is expected to recover due to rising investment and a warming property market, which in turn is likely to drive demand for medium and long-term loans.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Follow Us On

Most Read

  1. The models are wrong, climate change is accelerating faster than predicted
    5 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    10 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    7 days ago
  5. Russia already treating Bosnia’s Republika Srpska as an independent state
    5 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    30 days ago
  2. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  3. BRICS announce a blockchain-based payment system to create a common currency
    1 month ago
  4. Saudi Arabia to scale back plans for Neom city
    20 days ago
  5. Iran vs Israel: Who is better equipped for war?
    16 days ago

Reports

Dismiss