央行：若还原地方专项债置换对贷款的影响，2025年人民币贷款余额增约7%

Core Viewpoint - The People's Bank of China (PBOC) indicates that by the end of 2025, the balance of RMB loans from financial institutions is expected to grow by 6.4% year-on-year, with an adjusted growth rate of around 7% when accounting for the impact of local special bond replacements [1] Group 1 - The total new RMB loans for the year are projected to reach 16.27 trillion yuan, reflecting a strong credit support from the financial system to the real economy [1]