(Yicai Global) June 21 -- The proportion of bankers who view the state of the macro economy as normal has risen in the second quarter, while the proportion of bankers who think monetary policy is too tight is also up, China's latest banker survey shows.
The second quarter banker survey report of 2017 released on June 20 by the People's Bank of China shows that the macroeconomic heat index was 35.2 percent, increased by 2.2 percent from the previous quarter. Sixty-seven percent believe that the current macro-economic is 'normal,' 4.8 percent higher than in last quarter, while the only 31.3 percent who hold that the current macro-economic is relatively 'cold' showed a drop of 4.6 percent from last quarter.
The second-quarter bankers' monetary-policy sentiment index was 36.6 percent, decreased by 6.4 and 21.7 percent respectively compared with the previous quarter and the same time last year, when the 30.1 percent of bankers who deemed monetary policy was 'tight,' rose 9.8 percent over the previous quarter, and the 66.6 percent of bankers who thought of it as 'moderate,' fell 6.9 percent from the previous quarter.
The banker questionnaire is a quarterly survey the People's Bank of China has conducted since 2004 among the top executives in the headquarters of all types of banking institutions (including foreign commercial banks), as well as bank presidents or vice presidents in charge of credit operations in its first- and second-tier branches.