According to statistics from the People's Bank of China, by the end of the first quarter of 2023, the outstanding RMB loans of financial institutions was 225.45 trillion yuan, an increase of 11.8% year-on-year.
In the first quarter, RMB loans increased by 10.6 trillion yuan, an increase of 2.27 trillion yuan over the same period last year. Among them, RMB loans increased by 3.89 trillion yuan in March, an increase of 749.7 billion yuan over the same period last year.
