央行发布11月金融数据

Group 1: Social Financing Scale - The total social financing scale reached 440.07 trillion yuan by the end of November 2025, showing a year-on-year growth of 8.5% [2] - The balance of RMB loans to the real economy was 267.42 trillion yuan, increasing by 6.3% year-on-year, while foreign currency loans decreased by 16.5% [2] - The cumulative increase in social financing for the first eleven months of 2025 was 33.39 trillion yuan, which is 3.99 trillion yuan more than the same period last year [4] Group 2: Monetary Supply - The broad money supply (M2) stood at 336.99 trillion yuan at the end of November, reflecting an 8% year-on-year increase [5] - The narrow money supply (M1) was 112.89 trillion yuan, with a year-on-year growth of 4.9% [5] - The cash in circulation (M0) reached 13.74 trillion yuan, marking a 10.6% increase year-on-year [5] Group 3: Deposits and Loans - The total deposits in both domestic and foreign currencies amounted to 334.46 trillion yuan, with RMB deposits at 326.96 trillion yuan, showing a year-on-year increase of 7.7% [6] - RMB loans increased by 15.36 trillion yuan in the first eleven months, with household loans rising by 5.33 trillion yuan [7] - Foreign currency loans totaled 542.9 billion USD, experiencing a year-on-year decline of 1.6% [7] Group 4: Interbank Market - The weighted average interest rate for interbank RMB market lending was 1.42% in November, up by 0.03 percentage points from the previous month [8] - The total transaction volume in the interbank RMB market reached 187.7 trillion yuan, with a daily average transaction of 9.38 trillion yuan [8] Group 5: Cross-Border RMB Settlement - The cross-border RMB settlement amount under the current account was 1.49 trillion yuan in November, with goods trade accounting for 1.19 trillion yuan [9] - Direct investment cross-border RMB settlement amounted to 0.71 trillion yuan, with foreign direct investment at 0.45 trillion yuan [9]