Monetary Aggregates   For the month of December 2021, the monthly growth rates of the monetary aggregates M1B and M2 (measured on a daily average basis) were 1.23% and 0.75%, respectively. The annual growth rates of M1B and M2 decreased to 12.75% and 8.02%, respectively, amid slower growth in deposit money. For the year of 2021, the average annual growth rates of M1B and M2 were 16.29% and 8.72%, respectively.

Loans and Investments of Financial Institutions   At the end of December 2021, the monthly growth rate of total outstanding loans and investments (measured on a cost basis) of monetary financial institutions was 0.87%, higher than that at the end of the previous month. Meanwhile, the annual growth rate increased from 8.12% at the end of the previous month to 8.38% mainly because of faster growth in bank claims on the private sector and government enterprises. If loans and investments extended by life insurance companies and loans reclassified and written off by monetary financial institutions were all taken into account, the total outstanding loans and investments of financial institutions would show an annual growth rate of 7.17%, higher than the 6.93% registered at the end of the previous month.

Notes: 1. The next Financial Conditions (January 2022) is scheduled for release at 16:20 on February 24, 2022.

           2. For the release schedule for the coming months, please check the Advance Release Calendar.