Central bank: RMB loans increased by 10.6 trillion yuan in the first quarter, up 2.27 trillion yuan from the same period last year.

[central Bank: RMB loans increased by 10.6 trillion yuan in the first quarter compared with the same period last year by 2.27 trillion yuan] according to statistics from the people's Bank of China, at the end of the first quarter of 2023, the balance of RMB loans in financial institutions was 225.45 trillion yuan, an increase of 11.8 percent over the same period last year. RMB loans increased by 10.6 trillion yuan in the first quarter, an increase of 2.27 trillion yuan over the same period last year.