BEIJING, Dec 13 (Reuters) - Chinese banks extended 1.09 trillion yuan ($151.73 billion) in new yuan loans in November, up from October but missing analysts' expectations, as the central bank keeps policy accommodative to support the world's second-largest economy.
Analysts polled by Reuters had predicted new yuan loans would jump to 1.3 trillion yuan in November from 738.4 billion the previous month, as policymakers try to spur a stronger post-pandemic recovery.
Broad M2 money supply rose 10.0% from a year earlier, central bank data showed on Wednesday, missing analyst forecasts for 10.1% growth in the Reuters poll, and compared with 10.3% in October.
Outstanding yuan loans grew 10.8% in November from a year earlier compared with 10.9% growth in October. Analysts had expected an 11% increase. ($1 = 7.1836 Chinese yuan renminbi) (Reporting by Joe Cash and Kevin Yao; Editing by Alison Williams)
