People's Bank of China reports CNY 268.56 trillion in outstanding RMB loans with 7.1% year on year growth at end Q2 2025

The People's Bank of China published second quarter 2025 lending statistics showing financial institutions’ outstanding RMB loans at CNY 268.56 trillion, up 7.1% year on year, with RMB lending increasing by CNY 12.92 trillion in the first half of 2025. Corporate lending (in domestic and foreign currency) totalled CNY 182.47 trillion, up 8.6% year on year, with CNY 11.5 trillion added in the first half, including CNY 7.08 trillion in medium to long term loans. Medium to long term lending to industry rose 10.7% year on year to CNY 26.27 trillion and infrastructure-related medium to long term lending rose 7.4% to CNY 43.11 trillion. RMB inclusive finance small and micro loans reached CNY 35.57 trillion, up 12.3% year on year, while green loans (domestic and foreign currency) stood at CNY 42.39 trillion, up 14.4% from the start of the year. Agriculture-related loans grew 7.4% year on year to CNY 53.19 trillion, and RMB real estate loans increased 0.4% year on year to CNY 53.33 trillion. The release also reported strong growth in lending to tech-based small and medium sized enterprises, with their loan balance up 22.9% year on year to CNY 3.46 trillion, and household loans (domestic and foreign currency) up 3.0% year on year to CNY 84.01 trillion. The report noted methodological changes, including an updated statistical scope for inclusive finance small and micro loans from October 2024, revised green loan statistical content and recognition standards from 2025 that make 2025 green loan data not comparable with earlier data, and an adjusted rural-area statistical scope from June 2024.