Wednesday, October 28, 2020
Tags Loan prime rate

Tag: Loan prime rate

Loan Prime Rate for September Remains Unchanged

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

Chinese Central Bank Commits to Further Loan Prime Rate Reforms

The People's Bank of China (PBOC) has flagged the launch of further reforms to augment the sway of the benchmark Loan Prime...

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

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

Consumer Lending Rates Drop Beneath Loan Prime Rate in China as Banks Vie for High-end Clients

Competition amongst Chinese banks for the consumer finance market has driven rates for some forms of consumer lending beneath the benchmark loan...

Chinese Central Bank Drives Use of Loan Prime Rate as Benchmark for Floating-rate Loans

The People's Bank of China is driving further use of the loan prime rate (LPR) as a benchmark or the pricing of...

China Cuts Loan Prime Rate

China has reduced a recently launched benchmark rate for the banking sector amidst concerns over borrowing costs and economic growth.

China Makes Loan Prime Rate Basis for Pricing of Personal Home Loans

China's financial regulators have officially made the loan prime rate the basis for the pricing of personal home loans.

Most Read

Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...