BEIJING, Jan 31 (Archyde.com) – The People’s Bank of China released a statistical report on loan investment, showing that the growth rate of real estate loans slowed down at the end of 2021, and the balance of real estate loans in RMB was 52.17 trillion yuan, a year-on-year increase of 7.9%, 3.7 percentage points lower than the growth rate at the end of the previous year; An increase of 3.81 trillion yuan, accounting for 19.1% of the increase in various loans in the same period, 7.2 percentage points lower than the level of the previous year.
The 2021 financial institution loan investment statistical report published on the central bank’s website on Sunday hereIt also shows that at the end of 2021, the balance of real estate development loans was 12.01 trillion yuan, a year-on-year increase of 0.9%, and the growth rate was 5.2 percentage points lower than that at the end of the previous year; the personal housing loan balance was 38.32 trillion yuan, an increase of 11.3% year-on-year, and the growth rate was lower than that at the end of the previous year. 3.3 percentage points.
The central bank report also stated that at the end of 2021, the balance of various RMB loans of financial institutions was 192.69 trillion yuan, an increase of 11.6% year-on-year;
The growth rate of household loans dropped slightly. At the end of 2021, the balance of household loans in local and foreign currencies was 71.11 trillion yuan, a year-on-year increase of 12.5%, and the growth rate was 1.7 percentage points lower than that at the end of the previous year; the annual increase was 7.92 trillion yuan, an increase of 59.2 billion yuan year-on-year.
China’s most indebted real estate developer, Evergrande Group’s debt rollover plan was approved in mid-January, and China sent a signal that stability overwhelmed tightening; analysts predict that the Chinese government may soften its efforts to rectify the real estate industry in 2022, and put more Consider economic stability.
Zhang Zhongning, a spokesman for the China Banking and Insurance Regulatory Commission, said at a press conference in early January that the growth rate of real estate loans remained stable as a whole, and the reasonable housing needs of home buyers were further met. More than 90% of personal housing loans were used to support the first mortgage. (Finish)
Published by Shen Yan; Reviewed by Zhang Xiliang
