2026 Commercial Bank Interbank Deposit Certificate Quota Drops to RMB 30.3 Trillion, Reversing Growth Trend
Quotas for 318 commercial banks' interbank deposit certificates totalled RMB 30.3 trillion in 2026, down RMB 1.6 trillion or 5% from 2025, reversing a sustained growth trend. The filing was delayed until July, reflecting weak real-economy financing demand and an asset shortage as deposit growth outpaced loan growth. RMB loan growth hit a record low of 5.2% in June 2026. Adjustments were uneven: Industrial Bank cut its quota by RMB 600 billion, while Agricultural Bank of China and China Construction Bank raised theirs.
- Effective
- 0
- Intensity
- 40
- Confidence
- 70%
- Horizon
- Short term