Chinese banks' RMB loans soared by CNY1.3t in January

Here are the main growth drivers.

According to Maybank Kim Eng, Chinese banks' RMB loans surged by CNY1.3t MoM in Jan 2014 (+CNY483b MoM in Dec 2013). Banks boost loan growth in January of each year in order to maximize their net interest income.

Key growth drivers were long-term individual loans (+CNY312b) and corporate loans (+CNY504b) as well as short-term corporate loans (+CNY359b).

Here's more:

The RMB loan-to-deposit (L/D) ratio crawled up to 70.8% in Jan 2013 (68.9% in Dec 2013). Most H-share banks will focus on growing residential mortgages, SME loans, micro-finance and consumer finance in 2014. They also intend to maintain a stable L/D ratio.

Rise in shadow bank assets. Total aggregate financing surged to CNY2.58t in Jan 2014 (CNY1.23t in Dec 2013). Growth in bankers’ acceptance has accelerated, partly related to the recovery in external trade activities. H- share banks will shift from shadow bank assets to corporate bonds and interbank lending in 2014.

Also Read

Citi appoints new sales head for key Asian markets

Citi combines in Japan, North Asia, and Australia clusters

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

What is Lorem Ipsum?

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Evergreen Group obtains financing license to expand in Malaysia