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The Central Bank Raised The Benchmark Interest Rate For Renminbi Deposits And Loans By 0.25 Percentage Points.

2010/10/20 8:40:00 153

PBC Increases Benchmark Interest Rate For Deposits And Loans

  

People's Bank of China

Decides that since October 20, 2010

Raise

Renminbi deposits in financial institutions

Benchmark lending rate

。


The one-year deposit benchmark interest rate of financial institutions increased by 0.25 percentage points, from the current 2.25% to 2.50%; the one-year lending benchmark rate increased by 0.25 percentage points from the current 5.31% to 5.56%; other benchmark rates of interest and loans were adjusted accordingly (see Schedule).




    
        
            
            

Financial institutions RMB deposit and loan benchmark interest rate adjustment unit:%

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