The central bank: Renminbi loans increased by 14.97 trillion yuan in the first ten months.
On November 13th, the data from the central bank showed that at the end of October, the balance of domestic and foreign currency loans was 27.454 trillion yuan, an increase of 6.3% year-on-year. The balance of RMB loans at the end of the month was 27.061 trillion yuan, an increase of 6.5% year-on-year. RMB loans increased by 1.497 trillion yuan in the first ten months. In terms of sectors, household loans increased by 739.6 billion yuan, with short-term loans decreasing by 517 billion yuan and medium-to-long-term loans increasing by 1.26 trillion yuan; corporate loans increased by 1.379 trillion yuan, with short-term loans increasing by 434 billion yuan, medium-to-long-term loans increasing by 832 billion yuan, and bill financing increasing by 975.8 billion yuan; non-banking financial institutions loans decreased by 18.5 billion yuan. At the end of October, the balance of foreign currency loans was 554.6 billion US dollars, a decrease of 3% year-on-year. Foreign currency loans increased by 12.5 billion US dollars in the first ten months.
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