国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

BIZCHINA> News
China reports 13% loan growth in 1st quarter
(Xinhua)
Updated: 2007-04-13 11:03
China reported a 13 percent rise in newly-added renminbi loans by financial institutions in the first three months of this year despite new measures to curb loan growth, according to the People's Bank of China, or central bank.

New renminbi loans totaled 1.42 trillion yuan (US$184 billion), an increase of 167.8 billion yuan from the same period last year, the bank said in a report released on Thursday.

Outstanding loans owed to all financial institutions jumped 16.25 percent to 23.96 trillion yuan at the end of March, 1.52 percentage point higher than the same period last year, according to the report.

The bank noted that a total 441.7 billion yuan of RMB loans were added in March, 95.8 billion yuan less than last March.

In a bid to curb loan and economic growth, the bank said last week that required reserve ratio for financial institutions will be raised further by 0.5 percentage points as of April 16 to 10.5 percent.

The bank earlier raised the deposit reserve ratio by the same margins two times in January and February separately and the one-year benchmark interest rates by 0.27 percentage points from March 18.

Analysts said if the growth momentum continued, the newly-added RMB loans for 2007 would be sure to exceed the preset target of 2.9 trillion yuan by the central bank.

Last year the RMB loans soared by 3.18 trillion yuan, 27 percent higher than the target of 2.5 trillion yuan set by the central bank for the whole 2006.

The RMB deposits newly added 1.88 trillion yuan between January and March, a decline of 59.7 billion yuan from the same period last year, according to the report.

The report said deposits at financial institutions increased 880.4 billion yuan in March alone, an increase of 94.3 billion yuan from last March.

The report said outstanding RMB deposits of all financial institutions surged 15.94 percent to 35.42 trillion yuan at the end of March, 3.66 percentage points lower than the same period last year.

The slower growth of deposits came as more Chinese residents are transferring their deposits to the bull equity markets for higher yielding, according to an earlier survey from the central bank.

China's shares extended recorded gains on Thursday as the benchmark Shanghai Composite Index rose 1.02 percent to close at record high of 3,531.03 points. The index has gained more than 29 percent this year after a 130 percent surge last year.


(For more biz stories, please visit Industries)
嵊泗县| 廉江市| 赤壁市| 工布江达县| 利川市| 铜山县| 武强县| 凤庆县| 广元市| 桃源县| 建昌县| 博湖县| 岳阳县| 江都市| 游戏| 华坪县| 淄博市| 延庆县| 万山特区| 常宁市| 涿鹿县| 隆安县| 萝北县| 永平县| 根河市| 始兴县| 尉犁县| 平和县| 富民县| 阳高县| 襄城县| 丘北县| 房山区| 临沂市| 得荣县| 印江| 安远县| 册亨县| 宁晋县| 天长市| 高要市|