The scale of personal housing loans has significantly shrunk, with six major banks experiencing a drop of over 500 billion yuan last year

On April 7th, as banks enter the 2023 annual reporting season, the situation of "personal housing loans" closely related to the public has also surfaced. As the main force of mortgage issuance, according to the 2023 annual report disclosed by banks, as of the end of 2023, the total mortgage loan balance of the six state-owned banks was about 26 trillion yuan, a decrease of about 500 billion yuan compared to the end of the previous year. Among the six major state-owned banks, the balance of personal housing loans in the five major banks of Industry, Agriculture, China, Construction and Communications has all decreased year-on-year, with only Postal Savings Bank increasing, reaching 2.34 trillion yuan as of the end of 2023. Its mortgage loan increment also ranks first in the industry, with a net increase of about 76.2 billion yuan. Among the six major state-owned banks, Agricultural Bank of China had the largest decline in the balance of personal housing loans, a decrease of 175.781 billion yuan compared to the end of last year. And their personal consumption loans and personal business loans both increased year-on-year, reaching 75.9% and 29.4%, respectively. In addition, as the largest commercial bank in China in terms of housing loan scale, China Construction Bank still ranks first with a personal housing loan balance of 6.39 trillion yuan, but it has also decreased compared to the same period last year< Img src=“ https://flash-scdn.jin10.com/be50dfc5-d0b7-4726-ba2c-eef9535f4e6a.png "Refererpolicy=" no referrer ">