China’s September Lending Rebounds, Beating Forecasts - New bank loans reached 1.1 trillion yuan, while government bond issuance helped lift total social financing to 3.55 trillion yuan
According to the People's Bank of China, the total volume of yuan-denominated loans reached 284.44 trillion yuan at the end of September, a 4.8 percent increase year-on-year. New loans from January to September 2026 totaled 11.52 trillion yuan; 1.03 trillion yuan less was extended to households, while 12.55 trillion yuan more was extended to businesses.