Home Capital Market China Central Bank Keeps 1 Year Loan Prime Rate at 3.7%, 5...

China Central Bank Keeps 1 Year Loan Prime Rate at 3.7%, 5 Year Rate at 4.6%

Apr 22, 2022

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China Central Bank Keeps 1 Year Loan Prime Rate at 3.7%, 5 Year Rate at 4.6%

22nd April 2022 | Hong Kong

China central bank People’s Bank of China (PBOC) has kept the 1 year loan prime interest rate at 3.7% and the 5 year loan prime interest rate at 4.6%. The rates were announced 20th April 2022 (Wednesday). On 14th April 2022, China central bank had also kept the key 1 year interest rate unchanged at 2.85%, with some analysts expecting a cut to soften the impact of COVID-19 and the lockdown in financial centre Shanghai.

” China Central Bank Keeps Key 1 Year Loan Prime Rate at 3.7%, 5 Year Rate at 4.6% “

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