New RMB Bank Interest Rate for 2004
2004-10-31 10:22:52    
 
 

RMB Loans and Deposits Interest Rate Adjustment Charts

Subjects Before (%) After (%) Change

Loans

     
6 Months 5.04 5.22 0.18
1 Year 5.31 5.58 0.27
1-3 Years 5.49 5.76 0.27
3-5 Years 5.58 5.85 0.27
5 Years and Above 5.76 6.12 0.36
Public Personal Housing Fund      
Under 5 Years 3.6 3.78 0.18
5 Years and Above 4.05 4.23 0.18
Private Personal Housing Fund      
Under 5 Years 4.77 4.95 0.18
5 Years and Above 5.04 5.31 0.27

Deposites

     
Current Account 0.72 0.72 0
3 Months 1.71 1.71 0
6 Months 1.89 2.07 0.18
1 Year 1.98 2.25 0.27
2 Years 2.25 2.7 0.45
3 Years 2.52 3.24 0.72
5 Years 2.79 3.6 0.81

(Data source: PBOC)

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