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CN 10M25 New Loans RMB14.97T, vs RMB15.25T in Consensus
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At the end of October, the outstanding balance of domestic and foreign currency loans amounted to RMB274.54 trillion, up 6.3% YoY, the People's Bank of China announced. The outstanding balance of RMB loans at the end of October was RMB270.61 trillion, up 6.5% YoY.

For 10M25, the new RMB loans reached RMB14.97 trillion, versus market expectation of RMB15.25 trillion.

Related NewsIndustrial Production YoY for Oct in China is 4.9%, lower than the previous value of 6.5%. The forecast was 5.5%.

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