Credit Growth of Monetary Policy in China

August is expected to keep monetary policy pacing

Image by The Library of Congress via Flickr

Image by zappowbang via Flickr

77% sequential decline sharply. Compared with same period last year, in July this year the development of credit on the rise, the first time in a single month last year with negative growth. And it is from the end of July, more volatile.This seems to be a start, but also repair. Reminder in the stock market, monetary policy and credit in China in search of “continuity and stability” under the principle of “moderate liberal” change the tone, the right to adjust monetary policy in the first half.In August of this adjustment is still in the dark to continue.As of August 26 in the central voices, while interest rates stabilized in two consecutive weeks, the reporter was informed that “control of the extent of structural adjustment” of the home key, four online August, 25 days is about 110 billion yuan of new loans. The number of domestic corporation banks within the framework of the capital, issue the command of the scale.Commercial banks is estimated that in August of the new loan can be equal or slightly lower in July.Since August, the main commercial banks, continues the trend of credit growth to decline in July.Reporter has learned a number of commercial banks on 25 August CCB new month loan of 27 million RMB yuan, Bank of China of about $ 700 million in the bank 180 billion while the Agricultural Bank of China fell slightly, while adding four rows with about 110 million RMB yuan of loans is up and down .And in July, the four lines a month 155.8 billion yuan in new loans. In the same period in historical perspective, in August is generally a little lower than in July, the commercial banks is estimated by the new loans this month and in July because of a similar or slightly lower.In addition to the reduction of large state enterprises, 7 months, in the second quarter performance “brave” in-stock commercial banks, has also been active “stop” people’s livelihood, China, CITIC, Everbright and other banks, there is a negative growth month over eight months, continues this trend.A list of shareholders of the bank, told reporters that the bank’s new loans in July was 11.6 billion yuan, while 26 days before the new month is negative 6 million yuan RMB loan ready to increase significantly negative of the company.Another management of public bank credit has also told reporters that although the Bank of the positive development of RMB loans, but loans are increasing, mainly residents in low, while the public 25 days before the loan was a significant negative growth.Zhejiang branch of a bank owned by the state, told reporters that the bank has left the chain in July a new beginning of this month negative growth is still low.Continuous observation revealed that since last November, a brand of credit from domestic commercial banks, the credit policy changing rhythm.Last year in November for the first quarter of this year, “span” bank nearly all the top priority, two bedroom, one-quarter of poor results in the commercial stock banks, as a result pressure, a credit as an actor, time, China Construction Bank, ICBC and thus a large-scale assessment has been weakened, began to “structural adjustment” process, in July, the central bank to adjust the strategy and regulatory authorities to increase the flow of credit review, it was “structural adjustment” taken by most commercial banks, major advances in June to open for the removal of the trend of credit, credit obvious decline in July.August is not limited to a “structural adjustment” domestic commercial banks to begin more aggressive asset management “control of the scale, adjust the structure,” a realistic alternative. I am a writer, computer accessories in China, reports some information about buying a cricket bat, golf club iron sets. Related Items – buying a cricket bat, golf club iron sets, Send this article to a friendReceive articles like this directly to your mailbox one!Subscribe for free today!