The central bank released a statistical report on the loan investment of financial institutions in the third quarter of 2022.

CCTV News:According to the statistics of the People’s Bank of China, at the end of the third quarter of 2022, the balance of RMB loans of financial institutions was 210.76 trillion yuan, up 11.2% year-on-year; In the first three quarters, RMB loans increased by 18.08 trillion yuan, an increase of 1.36 trillion yuan over the same period of last year.

First, the loan growth of enterprises and institutions accelerated, and the growth rate of medium and long-term loans increased more.

At the end of the third quarter of 2022, the loan balance of local and foreign currency enterprises and institutions was 137.08 trillion yuan, up 13.1% year-on-year, and the growth rate was 0.5 percentage points higher than that of the first half of the year and 2.1 percentage points higher than that of the end of last year. In the first three quarters, it increased by 14.5 trillion yuan, an increase of 3.77 trillion yuan.

In terms of term, the balance of short-term loans and bill financing was 49.94 trillion yuan, up 14.5% year-on-year, with the growth rate 0.1 percentage points higher than that of the first half of the year and 8.3 percentage points higher than that of the end of last year. In the first three quarters, it increased by 5.77 trillion yuan, an increase of 3.71 trillion yuan. The balance of medium and long-term loans was 83.86 trillion yuan, up 12.7% year-on-year, with the growth rate 0.7 percentage points higher than that of the first half of the year and 1.3 percentage points lower than that of the end of last year. In the first three quarters, it increased by 8.68 trillion yuan, an increase of 307.6 billion yuan.

In terms of purposes, the balance of fixed assets loans was 57.19 trillion yuan, up 9.6% year-on-year, and the growth rate was 0.5 percentage points lower than that at the end of last year; The balance of operating loans was 55.6 trillion yuan, a year-on-year increase of 12.4%, and the growth rate was 2.6 percentage points higher than that at the end of last year.

Second, the growth rate of medium and long-term industrial loans continued to increase.

At the end of the third quarter of 2022, the balance of medium-and long-term loans in local and foreign currency industries was 16.08 trillion yuan, up 23.3% year-on-year, and the growth rate was 12.6 percentage points higher than that of various loans, 2.1 percentage points higher than that of the first half of the year and 0.7 percentage points higher than that of the end of last year. In the first three quarters, it increased by 2.63 trillion yuan, an increase of 586 billion yuan. Among them, the balance of medium and long-term loans for heavy industry was 13.74 trillion yuan, up 22.4% year-on-year, and the growth rate was 0.9 percentage points higher than that at the end of last year; The balance of medium and long-term loans for light industry was 2.34 trillion yuan, up 28.4% year-on-year, and the growth rate was 0.7 percentage points lower than the end of last year.

At the end of the third quarter of 2022, the balance of medium and long-term loans in local and foreign currency service industries was 54.52 trillion yuan, up 9.6% year-on-year, and the growth rate was 1.4 percentage points lower than that at the end of last year. In the first three quarters, it increased by 4.6 trillion yuan, a year-on-year decrease of 64.2 billion yuan. The balance of medium and long-term loans in the real estate industry increased by 1.1% year-on-year, and the growth rate was 1.6 percentage points higher than that at the end of last year.

At the end of the third quarter of 2022, the balance of medium and long-term loans in local and foreign currency infrastructure was 31.93 trillion yuan, up 12.5% year-on-year, and the growth rate was 2.8 percentage points lower than that at the end of last year. In the first three quarters, it increased by 3.06 trillion yuan, a year-on-year decrease of 235.3 billion yuan.

III. Loans in inclusive finance maintained a relatively fast growth rate.

At the end of the third quarter of 2022, the balance of RMB loans in inclusive finance was 31.39 trillion yuan, a year-on-year increase of 21.6%, 10.4 percentage points higher than various loans and 1.6 percentage points lower than the end of last year; In the first three quarters, it increased by 4.89 trillion yuan, an increase of 575.7 billion yuan.

At the end of the third quarter of 2022, the balance of Pratt & Whitney small and micro loans was 23.16 trillion yuan, a year-on-year increase of 24.6%, and the growth rate was 2.7 percentage points lower than the end of last year; In the first three quarters, it increased by 3.94 trillion yuan, an increase of 444.3 billion yuan. The balance of loans for farmers’ production and operation was 7.76 trillion yuan, a year-on-year increase of 14.2%; The balance of business guarantee loans was 269.4 billion yuan, up 14.8% year-on-year; The balance of student loans was 133.6 billion yuan, a year-on-year increase of 17.7%.

At the end of the third quarter of 2022, the balance of loans for people out of poverty nationwide was 1.01 trillion yuan, up 14.7% year-on-year, and increased by 97.3 billion yuan in the first three quarters.

Fourth, green loans maintained rapid growth.

At the end of the third quarter of 2022, the balance of local and foreign currency green loans was 20.9 trillion yuan, up 41.4% year-on-year, 8.4 percentage points higher than the end of last year, 30.7 percentage points higher than the growth rate of various loans, and increased by 4.88 trillion yuan in the first three quarters. Among them, loans to projects with direct and indirect carbon emission reduction benefits were 8.32 trillion yuan and 5.56 trillion yuan respectively, accounting for 66.4% of the total green loans.

In terms of purposes, the loan balances of infrastructure green upgrading industry, clean energy industry and energy conservation and environmental protection industry were 9.37, 5.33 and 2.91 trillion yuan respectively, up by 34%, 40.9% and 63.2% respectively. In terms of industries, the balance of green loans in power, heat, gas and water production and supply industries was 5.33 trillion yuan, up 30.8% year-on-year, and increased by 857.5 billion yuan in the first three quarters; The balance of green loans in transportation, warehousing and postal services was 4.48 trillion yuan, up 11.5% year-on-year, and increased by 357.7 billion yuan in the first three quarters.

V. The growth rate of agriculture-related loans increased steadily.

At the end of the third quarter of 2022, the balance of agricultural loans in local and foreign currencies was 48.5 trillion yuan, up 13.7% year-on-year, and the growth rate was 2.8 percentage points higher than that at the end of last year. In the first three quarters, it increased by 5.46 trillion yuan, an increase of 1.46 trillion yuan over the same period of last year.

At the end of the third quarter of 2022, the balance of rural (county and below) loans was 40.37 trillion yuan, up 13.4% year-on-year, and the growth rate was 1.3 percentage points higher than that at the end of last year; In the first three quarters, it increased by 4.38 trillion yuan, an increase of 762.2 billion yuan. The balance of farmers’ loans was 14.81 trillion yuan, a year-on-year increase of 12%, and the growth rate was 2 percentage points lower than the end of last year; In the first three quarters, it increased by 1.39 trillion yuan, a year-on-year decrease of 40.7 billion yuan. The balance of agricultural loans was 5.06 trillion yuan, a year-on-year increase of 10.3%, and the growth rate was 3.2 percentage points higher than that at the end of last year; In the first three quarters, it increased by 503.5 billion yuan, an increase of 175.9 billion yuan.

6. The growth rate of real estate loans declined, while the growth rate of real estate development loans increased.

At the end of the third quarter of 2022, the balance of RMB real estate loans was 53.29 trillion yuan, a year-on-year increase of 3.2%, which was 4.7 percentage points lower than the growth rate at the end of last year; In the first three quarters, it increased by 848.8 billion yuan, accounting for 4.7% of the increase in various loans in the same period.

At the end of the third quarter of 2022, the balance of real estate development loans was 12.67 trillion yuan, up 2.2% year-on-year, and the growth rate was 2.4 percentage points higher than that of the first half of the year and 1.3 percentage points higher than that of the end of last year. The balance of individual housing loans was 38.91 trillion yuan, a year-on-year increase of 4.1%, and the growth rate was 7.2 percentage points lower than that at the end of last year.

Seven, the growth rate of household operating loans rebounded, and the growth rate of household consumption loans continued to decline.

At the end of the third quarter of 2022, the balance of household loans in local and foreign currencies was 74.52 trillion yuan, up 7.2% year-on-year, and the growth rate was 1 percentage point lower than that in the first half of the year and 5.3 percentage points lower than that at the end of the previous year. In the first three quarters, it increased by 3.42 trillion yuan, a year-on-year decrease of 2.93 trillion yuan.

At the end of the third quarter of 2022, the balance of domestic and foreign currency household operating loans was 18.53 trillion yuan, up 16.1% year-on-year, 1 percentage point higher than the first half of the year and 3 percentage points lower than the end of the previous year; In the first three quarters, it increased by 2.31 trillion yuan, a year-on-year decrease of 30.3 billion yuan. The balance of household consumer loans (excluding personal housing loans) was 17.08 trillion yuan, up 5.4% year-on-year, and the growth rate was 0.4 percentage points lower than that of the first half of the year and 4.1 percentage points lower than that of the end of last year. In the first three quarters, it increased by 514.1 billion yuan, a year-on-year decrease of 558.7 billion yuan.