--- title: "March credit recovery, institutions: The logic of improvement in banks' fundamentals is relatively confirmed!" type: "News" locale: "en" url: "https://longbridge.com/en/news/282794230.md" description: "As of April 15, 2026, the CSI Bank Index rose by 0.29%, and signs of credit recovery are gradually emerging. In March, new RMB loans amounted to 2.99 trillion yuan, with strong demand for short-term corporate financing and improvements in direct financing. The banking system has ample liquidity, with deposit growth outpacing loan growth, resulting in sufficient funds on the liability side. Industry insiders believe that the recovery of credit demand and the expansion of asset scale will benefit banks by stabilizing interest income, reducing liability costs, and improving the fundamental operations of banks. Guosheng Securities and CICC are both optimistic about the stability of credit growth and the improvement of the industry fundamentals" datetime: "2026-04-15T06:23:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282794230.md) - [en](https://longbridge.com/en/news/282794230.md) - [zh-HK](https://longbridge.com/zh-HK/news/282794230.md) --- # March credit recovery, institutions: The logic of improvement in banks' fundamentals is relatively confirmed! As of April 15, 2026, 13:53, the CSI Bank Index (399986) rose by 0.29%, with constituent stocks Suzhou Bank up 3.86%, Agricultural Bank up 2.22%, and CITIC Bank up 1.81%. The Bank ETF Huaxia (515020) increased by 0.95%, with the latest price reported at 1.70 yuan. Data shows that in March 2026, social financing and overall credit remained stable, with signs of credit recovery gradually emerging. In March, new RMB loans amounted to 2.99 trillion yuan, with corporate loans accounting for 89%, still the core support for credit; corporate short-term financing demand was strong, and direct financing improved significantly, providing strong support for social financing. The liquidity in the banking system continued to be loose, with deposit growth significantly outpacing loan growth, resulting in ample funds on the liability side. Industry insiders believe that the gradual recovery of credit demand and steady expansion of asset scale are beneficial for banks to stabilize interest income, and abundant liquidity helps reduce funding costs and alleviate margin pressure, directly benefiting the operational fundamentals of banks. Guosheng Securities believes that the widening gap between loan and deposit growth rates, along with the ample funding sources on the liability side of the banking system, may lay a solid foundation for credit issuance. China International Capital Corporation (CICC) believes that in the first year of the 14th Five-Year Plan, credit growth will remain stable, and looking ahead to the whole year, there is a relatively certain improvement logic in the industry fundamentals. The Bank ETF Huaxia (515020) is the ETF with the lowest comprehensive fee rate tracking the CSI Bank Index (399986), with its Class A fund 008298; Class C fund 008299; Class D fund 024642. Daily Economic News ### Related Stocks - [399986.CN](https://longbridge.com/en/quote/399986.CN.md) - [516310.CN](https://longbridge.com/en/quote/516310.CN.md) - [512800.CN](https://longbridge.com/en/quote/512800.CN.md) - [159887.CN](https://longbridge.com/en/quote/159887.CN.md) - [603323.CN](https://longbridge.com/en/quote/603323.CN.md) - [601288.CN](https://longbridge.com/en/quote/601288.CN.md) - [01288.HK](https://longbridge.com/en/quote/01288.HK.md) - [601998.CN](https://longbridge.com/en/quote/601998.CN.md) - [00998.HK](https://longbridge.com/en/quote/00998.HK.md) - [515020.CN](https://longbridge.com/en/quote/515020.CN.md) - [002670.CN](https://longbridge.com/en/quote/002670.CN.md) - [601995.CN](https://longbridge.com/en/quote/601995.CN.md) - [03908.HK](https://longbridge.com/en/quote/03908.HK.md) ## Related News & Research - [Bank of China redeems RMB 50 billion write-down undated capital bonds](https://longbridge.com/en/news/287035181.md) - [Agricultural Bank of China Raises RMB35 Billion with 2026 Tier 2 Capital Notes](https://longbridge.com/en/news/286107140.md) - [UPI changed how India pays; it can drive the future of borrowing](https://longbridge.com/en/news/286677065.md) - [Statsguru: Skewed priorities in priority sector lending across districts](https://longbridge.com/en/news/286672686.md) - [See how the global government debt binge is rippling through markets](https://longbridge.com/en/news/286835671.md)