Tags Chinese interest rates

Tag: Chinese interest rates

Banking

PBOC Says Enterprise Interest Rates Fell to Five Year Low in 2020, Hails 1.5 Trillion Yuan “Profit Sacrifice” by Chinese Banks

CBNEditor - January 18, 2021 0

The Chinese central bank has touted the success of efforts to reduce financing costs for businesses in 2020 during efforts to mitigate...

Banking

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

CBNEditor - January 15, 2021 0

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Finance

China Removes Restrictions on Credit Card Overdraft Rates for over 700 Million Card Holders

CBNEditor - January 11, 2021 0

China's central bank has removed restrictions on the overdraft rates for credit cards, in a major shake up for the country's interest...

Banking

Loan Prime Rate Remains Unchanged for Eighth Consecutive Month in December

CBNEditor - December 21, 2020 0

China’s loan prime rate (LPR) for December has remained unchanged for the eighth consecutive month. The...

Economy

Loan Prime Rate Remains Unchanged for Seventh Consecutive Month in November

CBNEditor - November 23, 2020 0

China’s loan prime rate (LPR) for November has remained unchanged for the seventh consecutive month. The...

Banking

Chinese Commercial Banks Could Soon Determine Interest Rates Independently

CBNEditor - October 20, 2020 0

Proposed changes to China's commercial banking law will allow lenders to independently determine the rates for deposits and loans.

Finance

Loan Prime Rate for September Remains Unchanged

CBNEditor - September 22, 2020 0

China’s loan prime rate (LPR) for September has remained unchanged for the fifth straight month. The...

Finance

94% of China’s Personal Home Loans Now Priced Based on Loan Prime Rate

CBNEditor - September 16, 2020 0

The latest official data indicates that the benchmark Loan Prime Rate (LPR) currently serves as the basis for pricing of the vast...

Banking

Chinese Central Bank Releases White Paper on International Benchmark Interest Rate Reforms

CBNEditor - September 1, 2020 0

The Chinese central bank has just released a white paper on efforts to reform international benchmark rates, signalling its commitment to a...

Banking

Interest Rate Cuts Behind Plunge in Chinese Banking Sector Profits: Central Bank Official

CBNEditor - August 28, 2020 0

A senior official from the People's Bank of China (PBOC) has highlighted the impact of interest rates cuts as the key factor...

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Tag: Chinese interest rates

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