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What are the upper and lower limits on loan interest rates stipulated by the People's Bank of China?
1. What are the upper and lower limits of loan interest rates stipulated by the People's Bank of China? Starting from June 8, 2012, the People's Bank of China: (1) Adjust the upper limit of the floating range of deposit interest rates of financial institutions to 1.1 times the benchmark interest rate; (2) Adjust
The lower limit of the floating range of loan interest rates of financial institutions is adjusted to 0.8 times the benchmark interest rate.
RMB loan base interest rate Within 6 months (including 6 months) 6 Six months to 1 year (including 1 year) 1 to 3 years (including 3 years) 3 to 5 years (including 5 years) More than 5 years 5.606.006.156
.406.55 2. What are the upper and lower limits of loan interest rates stipulated by the People's Bank of China? Starting from June 8, 2012, the People's Bank of China: (1) Adjust the upper limit of the floating range of deposit interest rates of financial institutions to 1.1 times the benchmark interest rate; (2)
) Adjust the lower limit of the floating range of loan interest rates of financial institutions to 0.8 times the benchmark interest rate.
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