lpr
The Latest
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China Keeps Benchmark Lending Rate Steady
The one-year prime loan rate stayed unchanged at 3.85% for the third straight month. The one-year prime loan rate stayed unchanged at 3.85% for the third straight month. -
China’s Central Bank Pledges Strong Support For Economy
The People’s Bank of China (PBOC) will do whatever it takes to prop-up China's economy now reeling from COVID-19. The People’s Bank of China (PBOC) will do whatever it takes to prop-up China's economy now reeling from COVID-19. -
China Again Lowers Loan Prime Rate To Boost Business Growth
China keeps injecting more money into the financial system with its central bank slashing its lending rate to prime customers to boost economic productivity dampened by the Covid-19 outbreak. China keeps injecting more money into the financial system with its central bank slashing its lending rate to prime customers to boost economic productivity dampened by the Covid-19 outbreak. -
China Adopts LPR-Based Interest Rate Benchmark
Beginning Jan. 1, 2020, the loan prime rate (LPR) will be China's new benchmark for pricing existing floating-rate loans. Beginning Jan. 1, 2020, the loan prime rate (LPR) will be China's new benchmark for pricing existing floating-rate loans.