央行：2025年四季度末人民币普惠小微贷款余额36.57万亿元，同比增长11.1%

Core Insights - The People's Bank of China released a report on the loan allocation statistics for financial institutions for Q4 2025, highlighting significant growth in various loan categories [1] Group 1: Loan Growth - The balance of RMB inclusive micro and small loans reached 36.57 trillion yuan, with a year-on-year growth of 11.1%, outpacing the overall loan growth by 4.7 percentage points, and an annual increase of 3.63 trillion yuan [1] - The balance of individual credit loans for agricultural operations, with a single credit limit of less than 5 million yuan, stood at 9.81 trillion yuan, with an annual increase of 241.4 billion yuan [1] - The balance of student loans reached 372.5 billion yuan, reflecting a year-on-year growth of 32.5% [1]