www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Decline in deposits, loans due to 'seasonal factors'

By Jiang Xueqing | China Daily | Updated: 2014-08-06 07:18

Declines in bank deposits and new loans in July were mainly due to seasonal factors and not a cause for concern, according to financial analysts.

The renminbi deposits of the four largest lenders by assets declined by 1.5 trillion yuan ($243 billion) in July from an increase of 2.2 trillion yuan in June. During the same period, the big four State-owned banks' new yuan loans also fell to 210 billion yuan from 290 billion yuan, Shanghai Securities News, one of the leading Chinese financial newspapers, reported on Tuesday.

Bank of Communications Co Ltd estimated in a research report on July 31 that China's new yuan loans reached 780 billion yuan in July, falling from 1.08 trillion yuan in the previous month.

Xu Bo, a financial researcher at Bank of Communications, said there was a sudden rise of yuan deposits and new yuan loans in the banking sector in June because of seasonal factors.

According to Chinese banking regulations, the regulator assesses the banks' financial performance in the first half of a year at the end of June. New yuan loans usually show marked growth in June and fall in the following month, as past figures show. The same reason also caused yuan deposits to drop in July.

In addition, the growth of new yuan loans in June this year was fueled by a package of monetary stimulus measures such as targeted cuts of the reserve requirement ratio, Xu said.

Mu Hua, banking analyst of Guangzhou-based GF Securities Co Ltd, said deposit outflows in July mainly occurred in resident savings, with a large part shifting to wealth management products.

To meet the banking regulator's requirements, the banks set the maturity date for wealth management products around the end of June so clients will deposit money back in the bank at that time.

Once the banks have passed the regulator's assessment, the deposits will be diverted back to wealth management products. Such a deposit decline occurs in the first month of each quarter, not just in July this year, Mu said.

Yuan deposits dropped by 1.5 trillion yuan in July, accounting for 40 percent of the 3.79-trillion-yuan deposit increase in June. In terms of a proportion, the decrease is not as large as the one in January when yuan deposits declined by 940.2 billion yuan, accounting for 82 percent of the 1.15-trillion-yuan increase in December 2013, the central bank figures revealed.

"Although the deposit drop of 1.5 trillion yuan is quite large, it is not that significant compared with the decrease in other months if measured by the proportion of the deposit drop in a particular month to the deposit increase in the previous month," Mu said.

Apart from going to wealth management products, part of the deposits may also flow into the stock market, which has been performing well recently, she said.

Li Kai, banking analyst at China Galaxy Securities Co Ltd, said monetary policy will remain slightly loose in the second half of this year and new loans will continue to grow moderately. He estimated that new yuan loans will not exceed 10 trillion yuan in 2014.

jiangxueqing@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美成年黄网站色高清视频 | 日韩黄在线观看免费视频 | 成人精品免费视频 | 欧美三级 欧美一级 | 99精品在线观看视频 | 亚洲国产精品久久久天堂 | 99re在线视频精品 | 日本一级全黄大片 | 精品一区二区三区免费毛片爱 | 久久久久久久国产a∨ | 67194成人手机在线 | 六月伊人| 91福利国产在线观看香蕉 | 麻豆理论片 | 中文字幕在线观看91 | 99久久免费精品国产免费 | 精品视频在线观看 | 国产91久久最新观看地址 | 台湾一级特黄精品大片 | 成人性一级视频在线观看 | 免费看一级做a爰片久久 | 男性吸女下身的视频 | 美女扒开腿被男人猛视频 | 国内一级特黄女人精品片 | 亚洲视频日韩 | 欧美俄罗斯一级毛片激情 | 国产一区二区三区久久小说 | 在线播放免费播放av片 | 成人国产在线不卡视频 | 在线亚洲v日韩v | 在线国产区 | 91精品国产爱久久久久 | 亚洲经典三级 | 欧美高清日韩 | 日本www高清| 成人中文字幕一区二区三区 | 欧美国产日韩一区二区三区 | 看全黄男人和女人视频 | 国内外成人免费视频 | 中国成人免费视频 | 亚洲天堂久久新 |