BANK OF CHINA Intensifies Mortgage Lending, Disburses Over 400 Billion Yuan in Personal Housing Loans in First Three Quarters

Deep News
10/29

On October 29, BANK OF CHINA held its Q3 2025 performance briefing. Regarding credit issuance, Board Secretary Zhuo Chengwen stated that the bank has comprehensively strengthened financial services, achieving steady growth in credit supply. By the end of September, RMB-denominated loans from domestic branches increased by 1.67 trillion yuan from the beginning of the year, up 9.15%. Corporate loans dominated new credit issuance, with the bank boosting financial support for key sectors. Equipment upgrade loans exceeded 130 billion yuan, while manufacturing and strategic emerging industry loans grew 12.10% and 26.29%, respectively, year-to-date. The bank also prioritized stimulating consumption, with personal consumer loans rising 26.11% since the start of the year. To support rigid and improved housing demand, BANK OF CHINA intensified mortgage lending, disbursing over 400 billion yuan in personal housing loans in the first three quarters.

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