Almost everyone of us has to deal with banks. Whether it's deposits or loans, we all need to understand the interest rate of banks. What's the latest interest rate of bank deposits and loans? Let's have a look!
The latest bank interest rate and the latest bank deposit and loan interest rate adjustment in 2019
The people's Bank of China has decided to lower the benchmark interest rates of RMB loans and deposits of financial institutions from October 24, 2015 to further reduce the financing costs of enterprises.
Among them, the one-year loan benchmark interest rate of financial institutions was reduced by 0.25 percentage point to 4.35%; the one-year deposit benchmark interest rate was reduced by 0.25 percentage point to 1.5%.
The people's Bank of China has decided to lower the benchmark interest rates of RMB loans and deposits of financial institutions from October 24, 2015 to further reduce the cost of social financing. Among them, the benchmark one-year loan interest rate of financial institutions was reduced by 0.25 percentage point to 4.35%;
The benchmark interest rate of one-year deposit was reduced by 0.25 percentage point to 1.5%; the benchmark interest rates of other grades of loans and deposits, and the loan interest rate of the people's Bank of China to financial institutions were adjusted accordingly; the loan interest rate of personal housing provident fund remained unchanged.
At the same time, commercial banks and rural cooperative financial institutions should no longer set the upper limit of floating deposit interest rates, and we should pay close attention to improving the market-oriented formation and regulation mechanism of interest rates, strengthen the regulation, supervision and guidance of the central bank on the interest rate system, and improve the transmission efficiency of monetary policy.
Starting from the same day, the RMB deposit reserve ratio of financial institutions will be reduced by 0.5 percentage point to maintain the reasonable and sufficient liquidity of the banking system and guide the steady and moderate growth of money and credit. At the same time, in order to increase the positive incentive of financial support for "agriculture, rural areas and farmers" and small and micro enterprises, we will reduce the deposit reserve ratio by an additional 0.5 percentage point for financial institutions that meet the standards.
The benchmark interest rates of loans and deposits of other grades and the deposit and loan interest rates of individual housing provident fund will be adjusted accordingly. (the interest rate is the latest bank interest rate in 2019, the new benchmark interest rate of bank deposit and loan) the latest benchmark interest rate table of bank deposit and loan in 2019
The following bank information port is the latest benchmark interest rate table of bank deposits and loans (updated on January 1, 2019) implemented from October 24, 2015: