The National Interbank Funding Center of China announced that the 1-year loan interest rate has been maintained at 3 percent, and the 5-year loan interest rate at 3.5 percent.
These rates are determined with the contributions of 18 banks in the country, based on the profit margin notifications added to the People's Bank of China's (PBoC) lending rate, and have served as the benchmark interest rate since 2019.
The 1-year loan interest rate serves as a reference point for corporate loans, while the 5-year rate is used as the basis for real estate loans. With the last change made in May 2025, the 1-year loan interest rate was reduced from 3.1 percent to 3 percent, and the 5-year rate from 3.6 percent to 3.5 percent. There have been no changes to the rates since that date.
News Source: 12punto
