The Deposit Open Period is up to the cut-off time of the Bank’s system. The Preferential Interest Rate is quoted as of December 10, 2024 and is for reference only and subject to change from time to time. Please visit the Bank’s website www.asia.ccb.com/hk/stepup/en or contact ...
Housing loans are weighted assets on the bank’s balance sheet, accounting for about 20% to 30% of total loans in state-owned and some joint-stock banks. Lowering the interest rates on existing housing loans will undoubtedly further reduce the bank’s loan yield, affecting net interest margin...
Financial institutions offered 18.09 trillion yuan of new loans in 2024, according to data released by the People’s Bank of China on Tuesday. It was lower than the previous year’s volume of 22.75 trillion yuan, representing the first annual drop in 13 years.Aggregate financing, a broad ...
Financial institutions offered 18.09 trillion yuan of new loans in 2024, according to data released by the People’s Bank of China on Tuesday. It was lower than the previous year’s volume of 22.75 trillion yuan, representing the first annual drop in 13 years. Aggregate financing, a broad me...
aThe relevant interest rate (including interest rate adjustment) shall be set by the bank in accordance with the specific provisions of the People’s bank of china in respect of the 90% basic loan interest rate. 相关的利率(包括利率调整)将由银行设置与中国人民银行的具体供应符合关于90%基本的...
China’s new bank loans in December beat forecasts as government support kicks in; Guangdong targets 2025 GDP growth of around 5%. Here’s what you need to know about China in the past 24 hours Chinese banks extended 990 billion yuan in new yuan loans in December, up from November and ou...
The People's Bank of China conducted 123 billion yuan of seven-day reverse repos at an interest rate of 1.5 percent on Monday. The central bank today also left benchmark lending rates unchanged for a third consecutive month.In 2024, nearly 300 billion yuan in stock buyback and repurchase ...
When Li Zhen went to renew the 50,000 yuan ($6,824) she had locked into a 5-year fixed deposit back in 2020, she was taken aback by the bank’s latest offering. The interest rate for same term deposits at large state-owned banks had fallen to around 1.6%, a stark contrast to ...
The People's Bank of China conducted 123 billion yuan of seven-day reverse repos at an interest rate of 1.5 percent on Monday. The central bank today also left benchmark lending rates unchanged for a third consecutive month. In 2024, nearly 300 billion yuan in stock buyback and repurchase ...
China Construction Bank Macau Branch offers a wide range of consumer, retail and commercial banking products and services to customers.