Tuesday, April 20, 2021
Tags Chinese interest rates

Tag: Chinese interest rates

Banking

PBOC’s Monetary Policy Committee Commits to Further Reductions in Real Interest Rates for Loans

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The Chinese central bank has reiterated its commitment to reductions in borrowing costs for key areas of the real economy.
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Banking

PBOC Requires All Loan Products to Clearly Display Real Annualized Interest Rates

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The Chinese central bank has launched strict disclosure requirements for the interest rates of loan products due to concerns that many consumers...
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Banking

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

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

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

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

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

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

Loan Prime Rate Remains Unchanged for Eighth Consecutive Month in December

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

Loan Prime Rate Remains Unchanged for Seventh Consecutive Month in November

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

Chinese Commercial Banks Could Soon Determine Interest Rates Independently

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

Loan Prime Rate for September Remains Unchanged

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

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

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

China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

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The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...
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Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

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The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...
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China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

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Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...
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Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

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The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...
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