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

Deep News
Oct 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10