The central bank: the incremental scale of social financing in the first quarter accumulated to 14.83 trillion yuan, which was 354.5 billion yuan less than the same period last year.

According to the data from the central bank, preliminary statistics show that the increment of social financing in the first quarter of 2026 accumulated to 14.83 trillion yuan, which is 354.5 billion yuan less than the same period last year. Among them, the RMB loans granted to the real economy increased by 8.9 trillion yuan, a decrease of 796 billion yuan compared to the previous year; the foreign currency loans granted to the real economy in terms of RMB increased by 852 billion yuan, an increase of 181.9 billion yuan compared to the previous year; entrusted loans decreased by 657 billion yuan, a decrease of 71.2 billion yuan compared to the previous year; trust loans increased by 132 billion yuan, a decrease of 39.9 billion yuan compared to the previous year; undiscounted bank acceptance bills increased by 579.7 billion yuan, an increase of 49.7 billion yuan compared to the previous year; net financing of corporate bonds was 1.05 trillion yuan, an increase of 521.3 billion yuan compared to the previous year; net financing of government bonds was 3.54 trillion yuan, a decrease of 330.3 billion yuan compared to the previous year; domestic stock financing for non-financial enterprises was 117.3 billion yuan, an increase of 21.1 billion yuan compared to the previous year.