China's New Yuan-Denominated Loans Stood at 1.04t in Jan: PBOC-Shanghai Metals Market

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China's New Yuan-Denominated Loans Stood at 1.04t in Jan: PBOC

Data Analysis 08:53:44AM Feb 16, 2011 Source:SMM

BEIJING, Feb. 16 -- The People's Bank of China (PBOC), the country's central bank, said Tuesday that new yuan-denominated loans stood at 1.04 trillion yuan ($157.7 billion) in January.

The figure was 318.2 billion yuan less than last January, said the PBOC in a statement on its website.
 

China's New Yuan-Denominated Loans Stood at 1.04t in Jan: PBOC

Data Analysis 08:53:44AM Feb 16, 2011 Source:SMM

BEIJING, Feb. 16 -- The People's Bank of China (PBOC), the country's central bank, said Tuesday that new yuan-denominated loans stood at 1.04 trillion yuan ($157.7 billion) in January.

The figure was 318.2 billion yuan less than last January, said the PBOC in a statement on its website.