China's "Big Six" State-owned commercial banks measured by assets have announced a surge in loans to customers across the board in the first three quarters of this year, amid strengthened efforts to stabilize the overall economy.

As of the end of August, China Everbright Bank, a national joint-stock commercial bank, had steadily increased its loans to support the agricultural sector, poverty alleviation and rural revitalization in the country.

Commercial banks and internet companies showcased various types of e-CNY hard wallets at the 2022 China International Fair for Trade in Services (CIFTIS) in Beijing to promote the use of the e-CNY, or digital yuan, amid the rapid development of the country's digital economy.

China's fourth largest State-owned commercial banks－the Big Four－will step up countercyclical credit extension in the second half to help stabilize economic growth and continue to optimize their credit structures by allocating more financial resources to key fields and weak links of the economy, said senior executives of the banks.

Profits of China's commercial banks remained stable in the first half of 2022, rising 7.1 percent year on year, according to the country's top banking regulator.

China's commercial banks reported a net forex settlement surplus of 545.2 billion yuan (about $85.2 billion) in the first half of the year (H1)

China's commercial banks are expected to see profits rise 8 percent year-on-year in the third quarter of 2022

Large State-owned commercial banks should ensure that new inclusive loans for MSEs will reach 1.6 trillion yuan ($239.38 billion) this year.

China will promote the reform of small rural commercial banks with the aim to prevent risks and enhance their capability in serving real economy

the global issuance of green, social, sustainable and sustainability-linked bond will grow 52% year on year to US$1.7 trillion in 2022, and continue surging to reach US$4.2 trillion in 2025.