People's Bank of China, Circular on Raising the Benchmark Interest Rates for Renminbi Deposits and Loans of Financial Institutions

中国人民银行关于上调金融机构人民币存贷款基准利率的通知

PBOC raises interest rates.

1 minute readNovember 09, 2010 at 11:58 PM

clpstaff

& clp articles

Issued: October 19 2010

Main contents: Both the interest rates for one-year term deposits and one-year term loans will be raised by a quarter percentage point, from 2.25% to 2.50%

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

✓ A database of 3000+ essential documents, including key PRC laws translated into English
✓ Newsletters with business-critical and sector-specific updates
✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)