Core Insights - The total social financing increment for the first eight months of 2025 reached 26.56 trillion yuan, an increase of 4.66 trillion yuan compared to the same period last year [1] - The balance of social financing stock at the end of August 2025 was 433.66 trillion yuan, reflecting a year-on-year growth of 8.8% [2] - The broad money supply (M2) at the end of August 2025 was 331.98 trillion yuan, also showing a year-on-year increase of 8.8% [4][5] Social Financing Increment - The increment in RMB loans to the real economy was 12.93 trillion yuan, a decrease of 485.1 billion yuan year-on-year [1] - Foreign currency loans to the real economy decreased by 81.6 billion yuan, a reduction of 76.7 billion yuan year-on-year [1] - Corporate bond net financing was 1.56 trillion yuan, down 221.4 billion yuan year-on-year [1] Social Financing Stock - The balance of RMB loans to the real economy was 265.42 trillion yuan, with a year-on-year increase of 6.6% [2] - The balance of foreign currency loans was 1.19 trillion yuan, showing a year-on-year decline of 21% [2] - The balance of government bonds was 91.36 trillion yuan, reflecting a year-on-year growth of 21.1% [2] Loan and Deposit Growth - RMB loans increased by 13.46 trillion yuan in the first eight months, with household loans rising by 711 billion yuan [6] - RMB deposits increased by 20.5 trillion yuan in the same period, with household deposits growing by 9.77 trillion yuan [8] - The balance of foreign currency deposits was 1.02 trillion USD, a year-on-year increase of 19.4% [9] Market Activity - The average weighted interest rate for interbank RMB market lending was 1.4%, lower than the previous month and the same period last year [10] - The total transaction volume in the interbank RMB market reached 202.68 trillion yuan in August, with a daily average transaction growth of 16.8% year-on-year [10] - The cross-border RMB settlement amount for current accounts in August was 1.47 trillion yuan [10]

Group 1 - The People's Bank of China reported an increase of 13.46 trillion yuan in RMB loans for the first eight months of the year [1] - Household loans increased by 711 billion yuan, with short-term loans decreasing by 372.5 billion yuan and medium to long-term loans increasing by 1.08 trillion yuan [1] - Corporate loans increased by 12.22 trillion yuan, with short-term loans rising by 3.82 trillion yuan, medium to long-term loans increasing by 7.38 trillion yuan, and bill financing increasing by 877.8 billion yuan [1] Group 2 - As of the end of August, the broad money supply (M2) stood at 331.98 trillion yuan, reflecting a year-on-year growth of 8.8% [1] - The narrow money supply (M1) was 111.23 trillion yuan, with a year-on-year increase of 6% [1] - The currency in circulation (M0) reached 13.34 trillion yuan, showing a year-on-year growth of 11.7% [1] Group 3 - The net cash injection for the first eight months was 520.8 billion yuan [1] - The social financing scale stock was 433.66 trillion yuan at the end of August, with a year-on-year growth of 8.8% [1] - The cumulative increase in social financing scale for the first eight months was 26.56 trillion yuan, which is 4.66 trillion yuan more than the same period last year [1]

Group 1: Monetary Statistics - As of the end of August, the broad money supply (M2) reached 331.98 trillion yuan, reflecting a year-on-year growth of 8.8% [1] - The narrow money supply (M1) stood at 111.23 trillion yuan, with a year-on-year increase of 6% [1] - The currency in circulation (M0) was 13.34 trillion yuan, showing a year-on-year growth of 11.7% [1] Group 2: Loan Statistics - By the end of August, the total balance of loans in both domestic and foreign currencies was 273.02 trillion yuan, marking a year-on-year increase of 6.6% [1] - The increase in RMB loans for the first eight months amounted to 13.46 trillion yuan, with household loans rising by 711 billion yuan and corporate loans increasing by 12.22 trillion yuan [1] - Foreign currency loans totaled 551.7 billion USD, representing a year-on-year decline of 7.1% [1] Group 3: Deposit Statistics - The total balance of deposits in both domestic and foreign currencies reached 329.96 trillion yuan by the end of August, with a year-on-year growth of 8.8% [2] - RMB deposits increased by 20.5 trillion yuan in the first eight months, with household deposits rising by 9.77 trillion yuan [2] - Foreign currency deposits amounted to 1.02 trillion USD, reflecting a year-on-year increase of 19.4% [2] Group 4: Interbank Market Activity - In August, the weighted average interest rate for interbank RMB lending was 1.4%, lower than the previous month and the same period last year [3] - The total transaction volume in the interbank RMB market reached 202.68 trillion yuan, with an average daily transaction of 9.65 trillion yuan, a year-on-year increase of 16.8% [3] - The cross-border RMB settlement amount for current accounts was 1.47 trillion yuan, with direct investment settlements totaling 0.61 trillion yuan [3]

Group 1 - The broad money supply (M2) increased by 8.8% year-on-year, reaching 331.98 trillion yuan by the end of August [2] - The narrow money supply (M1) grew by 6% year-on-year, totaling 111.23 trillion yuan, while the currency in circulation (M0) rose by 11.7% to 13.34 trillion yuan [2] - A net cash injection of 520.8 billion yuan occurred in the first eight months of the year [2] Group 2 - In the first eight months, RMB loans increased by 1.346 trillion yuan, with the total RMB loan balance reaching 269.1 trillion yuan, reflecting a year-on-year growth of 6.8% [3] - Household loans rose by 711 billion yuan, with short-term loans decreasing by 372.5 billion yuan and medium to long-term loans increasing by 1.08 trillion yuan [3] - Corporate loans increased by 1.222 trillion yuan, with short-term loans up by 382 billion yuan and medium to long-term loans up by 738 billion yuan [3] Group 3 - RMB deposits increased by 2.05 trillion yuan in the first eight months, with the total RMB deposit balance reaching 322.73 trillion yuan, a year-on-year increase of 8.6% [4] - Household deposits rose by 977 billion yuan, while non-financial corporate deposits increased by 610.6 billion yuan [4] - Foreign currency deposits reached 1.02 trillion USD, reflecting a year-on-year growth of 19.4% [5] Group 4 - The average weighted interest rate for interbank RMB market lending in August was 1.4%, down 0.05 percentage points from the previous month and 0.37 percentage points from the same period last year [6] - The total transaction volume in the interbank RMB market reached 202.68 trillion yuan in August, with an average daily transaction of 9.65 trillion yuan, marking a year-on-year increase of 16.8% [6] Group 5 - In August, the cross-border RMB settlement amount under the current account was 1.47 trillion yuan, with direct investment cross-border RMB settlement amounting to 610 billion yuan [7] - The breakdown of the current account settlement included 1.11 trillion yuan for goods trade and 360 billion yuan for service trade [7]

8月末，外币贷款余额5517亿美元，同比下降7.1%。前八个月外币贷款增加96亿美元。 前八个月净投放现金5208亿元。 9月12日，央行发布2025年8月金融统计数据报告。 一、广义货币增长8.8% 8月末，广义货币(M2)余额331.98万亿元，同比增长8.8%。狭义货币(M1)余额111.23万亿元，同比增长 6%。流通中货币(M0)余额13.34万亿元，同比增长11.7%。前八个月净投放现金5208亿元。 二、前八个月人民币贷款增加13.46万亿元 8月末，本外币贷款余额273.02万亿元，同比增长6.6%。月末人民币贷款余额269.1万亿元，同比增长 6.8%。 前八个月人民币贷款增加13.46万亿元。分部门看，住户贷款增加7110亿元，其中，短期贷款减少3725 亿元，中长期贷款增加1.08万亿元；企（事）业单位贷款增加12.22万亿元，其中，短期贷款增加3.82万 亿元，中长期贷款增加7.38万亿元，票据融资增加8778亿元；非银行业金融机构贷款增加1227亿元。 四、8月份银行间人民币市场同业拆借月加权平均利率为1.4%，质押式债券回购月加权平均利率为 1.41% 8月份，经常项下跨境人民币结 ...

新京报贝壳财经讯 9月12日，央行发布了2025年8月金融统计数据报告。数据显示，8月末，广义货币 (M2)余额331.98万亿元，同比增长8.8%。狭义货币(M1)余额111.23万亿元，同比增长6%。流通中货币 (M0)余额13.34万亿元，同比增长11.7%。前八个月净投放现金5208亿元。 ...

央行数据显示，8月末广义货币(M2)余额331.98万亿元，同比增长8.8%。狭义货币(M1)余额111.23万亿 元，同比增长6%。流通中货币(M0)余额13.34万亿元，同比增长11.7%。前八个月净投放现金5208亿 元。 ...

Core Viewpoint - The People's Bank of China reported a slight decrease in the average interest rates for new loans in August, indicating a continued effort to support the real economy through monetary policy [2][3]. Group 1: Loan Interest Rates - The weighted average interest rate for new corporate loans in August was approximately 3.1%, showing a slight decrease from the previous month and a reduction of about 40 basis points compared to the same period last year [3]. - The weighted average interest rate for new personal housing loans was also around 3.1%, which is 25 basis points lower than the same month last year [3]. Group 2: Loan Growth and Monetary Supply - In the first eight months of the year, the total increase in RMB loans was 13.46 trillion yuan, demonstrating a solid commitment to supporting the real economy [3]. - As of the end of August, the broad money supply (M2) stood at 331.98 trillion yuan, reflecting a year-on-year growth of 8.8%, indicating ample liquidity in the market [3]. - The growth rate of social financing remained at a high level, further supporting economic activity [3].

Financial Statistics Summary - As of the end of July 2025, the broad money supply (M2) reached 329.94 trillion yuan, reflecting a year-on-year growth of 8.8% [2] - The narrow money supply (M1) stood at 111.06 trillion yuan, with a year-on-year increase of 5.6% [2] - The cash in circulation (M0) amounted to 13.28 trillion yuan, showing a year-on-year growth of 11.8% [2] - In the first seven months of 2025, net cash injection totaled 465.1 billion yuan [2] Loan and Deposit Statistics - By the end of July 2025, the total balance of RMB loans was 268.51 trillion yuan, with a year-on-year growth of 6.9% [2] - In the first seven months, RMB loans increased by 12.87 trillion yuan, with household loans rising by 680.7 billion yuan [2][3] - The total balance of deposits in RMB reached 320.67 trillion yuan, reflecting a year-on-year growth of 8.7% [2][3] - Foreign currency loans decreased by 8.1% year-on-year, totaling 55.58 billion USD [2] Social Financing Scale - As of the end of July 2025, the total social financing scale was 431.26 trillion yuan, with a year-on-year growth of 9% [4] - The balance of RMB loans to the real economy was 264.79 trillion yuan, increasing by 6.8% year-on-year [4] - The balance of foreign currency loans to the real economy decreased by 23.2% year-on-year, equivalent to 1.21 trillion yuan [4][5] Incremental Financing Data - In the first seven months of 2025, the cumulative increase in social financing was 23.99 trillion yuan, which is 5.12 trillion yuan more than the same period last year [6] - The increase in RMB loans to the real economy was 12.31 trillion yuan, which is a decrease of 694 billion yuan compared to the previous year [6] - Government bond net financing reached 8.9 trillion yuan, which is an increase of 4.88 trillion yuan year-on-year [6]

Group 1 - In July, China's new social financing increased by 1.16 trillion yuan, with a decrease in RMB loans by 50 billion yuan and an increase in RMB deposits by 500 billion yuan, while household deposits decreased by 1.11 trillion yuan [1][4] - From January to July, the cumulative increase in social financing was 23.99 trillion yuan, which is 5.12 trillion yuan more than the same period last year [3][8] - As of the end of July, the total social financing stock was 431.26 trillion yuan, reflecting a year-on-year growth of 9% [11][12] Group 2 - The balance of RMB loans to the real economy increased by 12.31 trillion yuan from January to July, while foreign currency loans decreased by 725 billion yuan [8][14] - The balance of broad money (M2) was 329.94 trillion yuan at the end of July, with a year-on-year growth of 8.8%, while narrow money (M1) was 111.06 trillion yuan, growing by 5.6% [4][13] - The M2-M1 gap was 3.2 percentage points, narrowing by 0.5 percentage points from the previous month [4][12] Group 3 - The People's Bank of China indicated that monthly financial data should not be overly emphasized as they may not accurately reflect the economic activity and financial support for the real economy [6] - The traditional credit demand is decreasing while the demand in new growth areas is increasing, suggesting that financial institutions need to adapt their strategies [7][12] - The average weighted interest rate for interbank RMB lending in July was 1.45%, lower than both the previous month and the same period last year [18]