OREANDA-NEWS.  July 23, 2014. According to preliminary statistics, all-system financing aggregate reached 10.57 trillion yuan in the first 6 months, up 414.6 billion yuan year on year.

In particular, new RMB loans posted 5.74 trillion yuan, up 659 billion yuan year on year; new foreign currency-denominated loans posted an equivalent of 463.2 billion yuan, down 115.9 billion yuan year on year; new entrusted loans reached 1.35 trillion yuan, up 239.3 billion yuan year on year; new trust loans was 460.1 billion yuan, down 776.4 billion yuan year on year; undiscounted bankers’ acceptances increased by 787.1 billion yuan, 270.2 billion yuan more than that in the same period of last year; net bond financing of enterprises was 1.30 trillion yuan, up 86.1 billion yuan year on year; financing by domestic non-financial companies via the domestic stock market was 202.2 billion yuan, up 77.4 billion yuan year on year. In June, all-system financing aggregate was 1.97 trillion yuan, increasing 567.8 billion yuan month on month and 937 billion yuan year on year.

From a structural point of view, in the all-system financing aggregate, RMB loans accounted for 54.3 percent, up 4.3 percentage points year on year; foreign currency-denominated loans posted 4.4 percent, down 1.3 percentage points year on year; entrusted loans was 12.8 percent, up 1.8 percentage points year on year; trust loans was 4.4 percent, down 7.8 percentage points year on year; undiscounted bankers’ acceptances reached 7.4 percent, up 2.3 percentage points year on year; net bond financing by enterprises was 12.3 percent, up 0.3 percentage points; financing by domestic non-financial companies via the domestic stock market was 1.9 percent, up 0.7 percentage points.

Note 1: Sources of the all-system financing aggregate data are the People’s Bank of China, National Development and Reform Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission, China Government Securities Depository Trust and Clearing Co.,Ltd, National Association of Financial Market Insitutional Investors, and etc.

2: Data in the current period are preliminary.