OREANDA-NEWS. October 01, 2014. According to preliminary statistics, all-system financing aggregates reached 957.4 billion yuan in August, up 683.7 billion yuan month on month and down 626.7 billion yuan year on year respectively.

Among the total, new RMB loans posted 702.5 billion yuan, down 10.3 billion yuan year on year; the equivalent of new foreign currency-denominated loans decreased by 20.1 billion yuan, down 15.9 billion yuan year on year; new entrusted loans reached 175.1 billion yuan, down 118.7 billion yuan year on year; new trust loans were 51.5 billion yuan, down 172.4 billion yuan year on year; undiscounted bankers’ acceptances declined by 111.9 billion yuan from the last month, 416.8 billion yuan less than the reduction registered in August 2013; net bond financing of enterprises was194.7 billion yuan, up 70.7 billion yuan year on year; financing by domestic non-financial companies via the domestic stock market was 21.7 billion yuan, up 8.1 billion yuan year on year. Janurary through August 2014, all-system financing aggregates reached 11.77 trillion yuan, down 783.4 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.