New loans and deposits jumped in June at the nation's four biggest lenders, the ShanghaiSecurities Journal reported on Thursday, indicating improved liquidity in the second half of theyear.

New loans totaling 290 billion yuan ($47 billion) were extended by Bank of China Ltd, ChinaConstruction Bank Corp, Industrial and Commercial Bank of China Ltd and Agricultural Bank ofChina Ltd, according to the newspaper.

According to data compiled by Reuters, new loans by the four lenders totaled 272.8 billion yuanin May and 354.1 billion yuan in March.

Deposits grew a combined 2.2 trillion yuan, with 1.13 trillion yuan just on Monday, according tothe Shanghai Securities Journal. It is a common practice in China that lenders shore up depositsat the end of each month to meet regulatory requirements.

Bank of Communications Ltd on Wednesday estimated thatChinese lenders extended 1.1 trillion yuan in new localcurrency loans in June, up 26.3 percent from May and 27.5percent from last June.

"Real economic activity has improved ... potential financingneeds in society have grown," the report said.

The central bank's open market operations and selectedreserve requirement ratio cuts also played a part in thegrowth, it said.

The central bank has eased monetary policy to supportgrowth. The economy continued to lose steam in the secondquarter after posting the slowest growth in 18 months duringthe first quarter.

The People's Bank of China suspended repurchaseoperations on June 26 for the first time since February tosmooth interbank liquidity conditions before the end of thesecond quarter. The PBOC injected 12 billion yuan into the open market, which was the seventhconsecutive weekly liquidity injection since early May.

Liquidity is expected to stay ample in the year's second half.

"There are multiple factors that suggest there will be a drop in financing costs in the real economyin the second half," Bank of Communications said in the report. "The finance sector's support tothe real economy will be strengthened."

The bank added that full-year new loans will total 10 trillion yuan, compared with 8.89 trillion yuanin 2013.

As of May, new loans totaled 4.66 trillion yuan.

On Tuesday, the China Banking Regulatory Commission enabled banks to make more loans bychanging the way lenders calculate loan-deposit ratios, a key banking liquidity indicator derivedby dividing a bank's total loans by its total deposits.

"The adjustment makes the monetary policy condition more accommodative because morefunds can be released from the banking sector," said Australia and New Zealand Banking GroupLtd in a report on Wednesday.

"We expect that the overall policy stance will become more supportive for growth in the secondhalf of this year."