(Beijing Bloomberg) In order to prevent excessive credit expansion in the process of economic recovery, the People's Bank of China has reportedly guided the rhythm of the credit offering of commercial banks in the near future.
People familiar with the matter said that the central bank of China plans to put the balanced credit credit through macro -prudential supervision and guide commercial banks to control the credit increment of large commercial banks in the first quarter of next year.The initial loans issued moderately moved forward to keep the credit increase in the last two months this year.
People familiar with the matter also said that the above plans may be adjusted in a timely manner with the economic trend.
By summarizing the data of the past five years, the above -mentioned guidelines of the People's Bank of China means that the scale of the new loan interest in the first quarter of 2024 may be within 7.9 trillion yuan (RMB, the same below, S $ 1.47 trillion).The actual increase in credit in the first quarter of 2023 decreased by 25%.
The People's Bank of China jointly held a symposium on financial institutions with the General Administration of Finance and China Securities Regulatory Commission with the General Administration of Finance Supervision and the China Securities Regulatory Commission.The press release announced after the meeting pointed out that it is necessary to implement the requirements of cross -cycles and counter -cyclical adjustments, focus on strengthening the balanced credit of credit, and coordinate the credit release of the two months of this year and the beginning of the year next year, and promote the stability of economic stability with the stability of credit growth.increase.
China has maintained a faster credit growth rate this year. In the first 10 months, RMB loans increased by 2.049 trillion yuan, the highest level in history.
