The People's Bank of China released end-Q1 2025 banking sector lending statistics showing outstanding RMB loans of financial institutions at CNY 265.41 trillion, up 7.4% year on year, with RMB loans rising by CNY 9.78 trillion during the quarter. The data show steady growth in enterprise lending, faster expansion in inclusive small and micro business and green lending, and a slight pickup in the year-on-year growth rate of real estate lending. Local- and foreign-currency loans to enterprises and institutions totalled CNY 179.53 trillion (+8.8% year on year), increasing by CNY 8.56 trillion in Q1, driven by medium- and long-term loans (CNY 115.24 trillion, +8.7% year on year, +CNY 5.53 trillion in Q1). Industrial medium- and long-term loans reached CNY 26.04 trillion (+11.2%), infrastructure-related medium- and long-term loans were CNY 42.66 trillion (+8.0%), and service-sector medium- and long-term loans were CNY 70.62 trillion (+6.8%), with real estate-related medium- and long-term service-sector loans up 4.5%. Inclusive RMB loans to small and micro businesses stood at CNY 34.81 trillion (+12.2%, +CNY 1.9 trillion in Q1), and local- and foreign-currency green loans were CNY 40.61 trillion (+9.6% from the start of the year, +CNY 3.56 trillion in Q1). Agriculture-related loans totalled CNY 52.9 trillion (+8.4%), household loans were CNY 83.88 trillion (+3.0%, +CNY 1.04 trillion in Q1), and RMB real estate loans were CNY 53.54 trillion (+0.04%, +CNY 619.7 billion in Q1), including individual housing loans of CNY 37.9 trillion (−0.8%) and property development loans of CNY 13.87 trillion (+0.8%). The release also reports 271,800 technology-based small and medium-sized enterprises with loan support (loan access rate 49.6%) and outstanding loans to these firms of CNY 3.33 trillion (+24%). The publication notes changes to statistical definitions, including an adjustment to the inclusive small and micro loan scope from October 2024 (data presented on a comparable basis), a revision to green loan statistics and identification standards from 2025 (2025 green loan data not comparable with earlier periods), and a change to the rural-area statistical scope from June 2024 (data presented on a comparable basis).
Central Bank of the Republic of China 2025-05-30
People's Bank of China publishes end-Q1 2025 loan data showing RMB loan balance of CNY 265.41 trillion up 7.4% year on year
The People's Bank of China reported end-Q1 2025 banking sector lending statistics, with outstanding RMB loans at CNY 265.41 trillion, a 7.4% year-on-year increase. Notable growth areas include inclusive small and micro business loans (+12.2%) and green loans (+9.6%). The report also highlights changes to statistical definitions affecting small and micro loans, green loans, and rural-area data.