After incremental changes in the intervening years, on January 1, 2004, the PBOC further extended the upper limit of Renminbi-denominated lending rates, except for mortgages and policy loans, to no higher than 70% of the benchmark rate.
After incremental changes in the intervening years, on January 1, 2004, the PBOC further extended the upper limit of Renminbi-denominated lending rates, except for mortgages and policy loans, to no higher than 70% of the benchmark rate.
经过期内历年调升之后,于2004年1月1日,中国人民银行再将人民币借款(按揭及政策性贷款除外)的利率上限提高至不超过基准利率70%。