Loan prime rate lpr
27 Dec 2019 Banks to convert existing loans to loan prime rate reference Financial institutions should stop using the old lending rate as the pricing The Loan Prime Rate will now be the reference rate for lending by Chinese banks … The LPR is the interest rate banks charge their most creditworthy customers. 21 Feb 2020 The People's Bank of China, the central bank, cut the benchmark lending rate, the one-year loan prime rate (LPR), by 0.1 percentage point to