Corporate Banking

RMB Loan Prime Rate (LPR) Quote

Date: Dec. 1, 2014

Item Term Interest rate
IB RMB loan prime rate 1 year 5.55%
Average RMB loan prime rate released by the National Interbank Funding Center 1 year 5.51%

Note: Loan Prime Rate (LPR) is the loan rate adopted for the top-rated customers, and other loan rates may be formed by adding or reducing points. The concentrated quoting and issuing mechanism for LPR means that, based on the loan prime rate quoted by the quoting bank independently, an issuer is designated to do weighted average computation for the quote, establish the average rate for the LPR quote of the quoting bank, and publish it to the public at 11:30 on the day. In the initial period of operation, the 1-year LPR should be announced to the society.