OREANDA-NEWS. August 28, 2014. According to preliminary statistics, all-system financing aggregates reached 273.1 billion yuan in July, down 1.69 trillion yuan month on month and 546 billion yuan year on year respectively.

Among the total, new RMB loans posted 385.2 billion yuan, down 314.5 billion yuan year on year; the equivalent of new foreign currency-denominated loans decreased by 16.9 billion yuan, down 98.8 billion yuan year on year; new entrusted loans reached 121.9 billion yuan, down 70.8 billion yuan year on year; new trust loans were 15.8 billion yuan, down 130.9 billion yuan year on year; undiscounted bankers’ acceptances declined by 416 billion yuan from the last month, 238.3 billion yuan less than the reduction registered in July 2013; net bond financing of enterprises was 142.7 billion yuan, up 95.1 billion yuan year on year; financing by domestic non-financial companies via the domestic stock market was 33.2 billion yuan, up 20.4 billion yuan year on year. Janurary through July 2014, all-system financing aggregates reached 10.81 trillion yuan, down 157.7 billion yuan year on year.

Notes 1: Sources for all-system financing aggregates 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, and National Association of Financial Market Insitutional Investors.

2: Data for the current period are preliminary.