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2025-12-12 17:08:04
[The People's Bank of China Releases Financial Statistics for the First 11 Months of 2025] ⑴ Preliminary statistics show that the cumulative increase in total social financing in the first eleven months of 2025 reached 33.39 trillion yuan, 3.99 trillion yuan more than the same period last year. ⑵ At the end of November, the broad money supply (M2) balance was 336.99 trillion yuan, a year-on-year increase of 8%; the narrow money supply (M2) balance was 112.89 trillion yuan, a year-on-year increase of 4.9%; and the currency in circulation balance was 13.74 trillion yuan, a year-on-year increase of 10.6%. Net cash injection in the first eleven months was 917.5 billion yuan. ⑶ At the end of November, the outstanding amount of total social financing was 440.07 trillion yuan, a year-on-year increase of 8.5%. Among them, the outstanding balance of RMB loans to the real economy was 267.42 trillion yuan, a year-on-year increase of 6.3%; and the outstanding balance of government bonds was 94.24 trillion yuan, a year-on-year increase of 18.8%. ⑷ In the first eleven months, RMB deposits increased by 24.73 trillion yuan. Among them, household deposits increased by 12.06 trillion yuan, and non-financial enterprise deposits increased by 1.09 trillion yuan. (5) RMB loans increased by 15.36 trillion yuan in the first eleven months. By sector, household loans increased by 533.3 billion yuan, and loans to enterprises and institutions increased by 14.4 trillion yuan. (6) The People's Bank of China announced that the "Interim Measures for the Qualification Management of Central Treasury Centralized Collection and Payment Agent Banks" will be repealed from January 1, 2026.
