Article: RMB LOANS OF CNY 200BN WAS INCREASED IN MAY


AsiaInfo Services
06-16-2006
RMB Loans of CNY 200bn Was Increased in May

BEIJING, Jun 16, 2006 (SinoCast via COMTEX) -- According to the monthly financial operation report published by The People??s Bank of China on June 14, credit funds in May continued to rise at a quick speed, and loans in RMB grew by CNY 209.4 billion in May, CNY 100.5 billion more compared with that of last May.

In this way, during January-May, the increased RMB loans of all the Chinese financial institutions have reached CNY 1783.4 billion, going beyond 70 of the all year??s predicted target.

Seen from structure of the newly increased RMB loans in May, CNY 136 billion was increased in the medium and ...

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