The central bank: RMB loans increased by 5.61 trillion yuan in the first two months

At the end of February, the balance of domestic and foreign currency loans was 281.52 trillion yuan, an increase of 6% year-on-year. The RMB loan balance at the end of the month was 277.52 trillion yuan, an increase of 6% year-on-year. RMB loans increased by 5.61 trillion yuan in the first two months. By sector, household loans decreased by 194.2 billion yuan, of which short-term loans decreased by 359.6 billion yuan, and medium- and long-term loans increased by 165.4 billion yuan; corporate (enterprise) loans increased by 5.94 trillion yuan, with short-term loans increasing by 2.65 trillion yuan, medium- and long-term loans increasing by 4.07 trillion yuan, and bill financing decreasing by 908.9 billion yuan; loans to non-bank financial institutions decreased by 198.7 billion yuan. (People’s Bank of China)