OREANDA-NEWS. February 21, 2013. According to preliminary statistics of the PBC, the outstanding amount of RMB loans by financial institutions stood at 62.99 trillion yuan at end-2012, posting a yoy growth of 15 percent and a full-year increase of 8.2 trillion yuan, reported the press-centre of PBC.

The uses of loans have the followin features:

1. Growth of enterprise loans slowed down while short-term loans and bill financing increased fast

According to preliminary statistics of the PBC, the outstanding amount of RMB loans by financial institutions stood at 62.99 trillion yuan at end-2012, posting a yoy growth of 15 percent and a full-year increase of 8.2 trillion yuan. The uses of loans have the followin features:

At end-2012, the outstanding amount of RMB and foreign currency loans extended by financial institutions to enterprises and other sectors reached 49.78 trillion yuan, rising by 14.5 percent yoy, down 1.3 percentage points from the end of the previous quarter The full-year increase posted 6.32 trillion yuan, up 972 billion yuan yoy.

By loan term, at end-2012, medium and long-term (MLT) RMB and foreign currency loans extended by financial instituti s to enterprises and other sectors posted an outstanding amount of 25.8 trillion yuan, rising by 6.9 percent yoy, a deceleration of 1.2 percentage points from the end of the previous quarter, and the full-year increase registered 1.63 trillion yuan, down 555.4 billion yuan yoy; the amount of short-term loans and bill financing increased by 23.4 percent yoy to 23.29 trillion yuan, 1.7 percentage points slower than the growth recorded at the end of the previous quarter and the full-year increase registered 4.47 trillion yuan, up 1.55 t on yuan yoy.

By loan use, fixed asset loans in RMB and foreign currencies extended by financial institutions to enterprises and other sectors posted an outstanding amount of 20.97 trillion yuan, rising by 9.8 percent yoy, a deceleration of 1.1 percentage points f m the end of the previous quarter; business loans recorded an outstanding amount of 22.36 trillion yuan, up 12.4 percent yoy, a deceler on of 1.6 percentage points from the end of the previous quarter.

Full report see here:
http://www.pbc.gov.cn/image_public/UserFiles/english/upload/File/NsPdf.PDF