中国央行：初步统计，2025年全年社会融资规模增量累计为35.6万亿元，比上年多3.34万亿元

Key Points - The total social financing stock at the end of 2025 reached 442.12 trillion yuan, marking an 8.3% year-on-year increase [1] - The balance of RMB loans to the real economy was 268.4 trillion yuan, up 6.3% year-on-year, while foreign currency loans decreased by 18% [1] - The total increment of social financing for the year was 35.6 trillion yuan, which is 3.34 trillion yuan more than the previous year [3] - The broad money supply (M2) grew by 8.5% year-on-year, reaching 340.29 trillion yuan by the end of December [4] - RMB deposits increased by 26.41 trillion yuan over the year, with household deposits rising by 14.64 trillion yuan [5] - The total balance of RMB loans at the end of December was 271.91 trillion yuan, reflecting a 6.4% year-on-year growth [6] - The average weighted interest rate for interbank RMB market lending was 1.36% in December, lower than the previous month and the same month last year [7][8] - The national foreign exchange reserves stood at 3.36 trillion USD at the end of December [9] - The cross-border RMB settlement amount under the current account reached 17.86 trillion yuan in 2025 [10]