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陸5月新增人民幣貸款超越預期 @ 2014-06-13T10: Back Hot News
Keyword:預期 新增貸款 月新增人民幣貸款
Concept:4月新增貸款 , 5月新增人民幣貸款8708億元人民幣
5月新增人民幣貸款 多於預期
中誠信托違約事件將今年金融風險率先引爆,雖然最後警報解除,但推動了對於影子銀行防范從討論階段上升為實質性的規范階段。當然在規范影子銀行風險,表外資金已經大幅收緊的同時,筆者認為表內信貸理應保持適度增長,以維持全社會資金在合理水平,一定程度上對沖表外收緊對實體經濟帶來的負面沖擊。然而,4月新增貸款低於預期,顯示表內表外同時收緊的局面。
在M 2好於預期的同時,5月新增人民幣貸款規模也顯著好於市場預期。民生證券研究院副院長、首席宏觀研究員管清友表示,新增人民幣貸款8708億,其中居民中長期貸款較4月有所上升,顯示政策支持和資金面寬松使金融機構配置按揭貸款動力略增;存貸比考核和信貸額度管控下,金融機構壓低短貸,中長期貸款占比繼續上升,反映非標回表、定向寬松對特定領域支持增強以及債務置換壓力。

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