China's financial institutions saw outstanding loans amount to 92.13 trillion yuan by the end of September, up 15.4 percent year on year, according to a report released by the People's Bank of China (PBOC) on Friday. Meanwhile, in the January-September period, China's new yuan lending totaled RMB9.9 trillion, up 2.34 trillion yuan on year.
During the first three quarters, enterprise short-term loans and note financing grew at a faster speed, small- and miro-enterprise loans expanding steadily, medium- and long-term loans in the service industry seeing growth rate pull back, property industry loans increasing rapidly, said the report.
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