20/05/2024 08:33 (UTC)

China's loan prime rates remain unchanged for May 2024

Beijing, May 20 (EFE/EPA).- According to the People's Bank of China on Monday China's one-year loan prime rate was unchanged for May 2024 at 3.45 percent, the same as the previous month.

Meanwhile the five-year benchmark loan rate was retained at 3.95 percent following a record cut of 25 basis points in February. (Camera: WU HAO).

FOOTAGE SHOWS PEOPLE WALK BESIDE A BANK IN BEIJING, CHINA.

Metadata

Date: 20/05/2024 08:30 (UTC)
Credit: EFE
Source: EPA
Topic: Economy, business and finance
Type: Rough cut
Duration: 100 seconds
Reference: 7001365363
Relevance: Normal