Loan and Deposit Rates
- Loan and Deposit Rates
- RMB Deposit Rates
- RMB Loan Rates
- Foreign Exchange Deposit Rates
RMB Loan Rates
Effective Date: 24 Oct 2015
Unit: % per annual
| Type | Category | Annual Interest Rate |
| Short-term Loan | Within 6 months(including 6 months) | 4.35 |
| Short-term Loan | 6 months to 1 year(including 1 year) | 4.35 |
| Medium and Long Term Loan | 1 year to 3 years(including 3 years) | 4.75 |
| Medium and Long Term Loan | 3 years to 5 years(including 5 years) | 4.75 |
| Medium and Long Term Loan | Over 5 years | 4.9 |
Remark: The Interest rates mentioned here serve as reference only, please check details at East West Bank China outlets.
Effective Date: 20 Feb 2024
| Term | LPR(%) |
| 1 year | 3.45 |
| Over 5 years | 3.95 |
Note: All interest rates quoted are on an annualized basis.
Loan Prime Rate Introduction:
LPR (Loan Prime Rate) is the most preferential lending rate offered by a commercial bank to its prime clients, and other lending rates can be offered by adding and subtracting basis points based on it.
The LPR quotation group is comprised of 18 commercial banks. National Interbank Funding Center (NIFC) is the designated publisher of LPR, authorized by the People's Bank of China (PBOC). The panel banks submit quotations to NIFC, with 0.05% as step length, before 9:00 am (GMT+8) on the 20th day of each month (holidays postpone). NIFC calculates the arithmetic average of the quotations, after removing the highest and lowest quotes, and approximates to the integral multiple times of the 0.05% to conclude the final LPR. At 9:30 am (GMT+8), LPR is released to the public on the websites of NIFC and PBOC.
