Nov new loans 1.21 trln yuan vs forecast of 1.35 trln yuan
Nov M2 money supply 12.4 yy vs forecast of 11.7
Nov TSF 1.99 trln yuan vs forecast of 2.10 trln yuan
C.bank keeps policy accommodative to support economy

BEIJING, Dec 12 Reuters New bank lending in China rebounded less than expected in November from the previous month, as the central bank seeks to bolster slowing growth in the world39;s secondbiggest economy.

Chinese banks extended 1.21 trillion yuan 173.48 billion in new yuan loans in November, nearly doubling October39;s 615.2 billion yuan but falling short of analysts39; expectations, according to People39;s Bank of China PBOC data released on Monday.

Analysts polled by Reuters had predicted new yuan loans would jump to 1.35 trillion yuan in November. In November last year, new loans were 1.27 trillion yuan.

October new loans were weaker than expected due to the impact from COVID flareups, said Zhou Guannan, an analyst at Huachuang Securities.

Household loans, including mortgages, rose to 262.7 billion yuan in November, versus a contraction of 18 billion yuan in October. Corporate loans rose to 883.7 billion yuan from 462.2 billion yuan in October.

New loans totalled 19.91 trillion yuan in JanuaryNovember, central bank data showed, compared with a record 19.95 trillion yuan in 2021.

The central bank will focus on supporting the slowing economy, PBOC Governor Yi Gang said earlier this month, adding that domestic consumer inflation is likely to stay…