Sep new loans rose to 595.5 bln yuan
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China's new yuan-denominated lending in September rose to 595.5 billion yuan (US$89.28 billion), an increase of 9.2 percent from August, China's central bank said Wednesday.
China's banks extended 6.3 trillion yuan from January to September, 2.36 trillion yuan, or 27.3 percent, less than the same period in 2009, the People's Bank of China (PBOC) said in a statement on its website.
Yuan loans outstanding at the end of September totaled 46.28 trillion yuan, 18.5 percent higher than a year earlier, said the statement.
Annual growth in the broad M2 measure of money supply, including cash in circulation and all deposits, was 19 percent in September, compared with 19.2 percent last month.
The country's narrow M1 measure of money supply, which covers cash in circulation plus current corporate deposits, increased by 20.9 percent in September year on year, one percentage point and 11.5 percentage points lower than that of this August and the end of last year.
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