China’s Big Three Policy Banks Increase Collateralised Supplementary Loans by over 108 Billion Yuan in September

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Data from the Chinese central bank highlights a sizeable increase in collateralised supplementary loans made by the country’s big three policy banks in the month of September.

In September the China Development Bank, the Export-Import Bank of China and the Agricultural Development Bank of China collectively saw a net increased in collateralised supplementary loans of 108.2 billion yuan, according to data from the official website of the People’s Bank of China (PBOC).

As of the end of September, the collateralised supplementary loan balance of the big three policy banks stood at 2.6481 trillion yuan.