“Financial institutions are adding points to the newly announced interest rate for stock repurchases and refinancing, and interest rates are expected to drop to 1.6%.” On November 2, a leading state-owned person said. Another person from a national joint stock bank also confirmed the above statement. The source said that financial institutions should reasonably determine loan terms and bear their own risk. After considering factors such as cost of risk, the interest rate for the best customers dropped to roughly 1.6%.

“Financial institutions are adding points to the newly announced interest rate for stock repurchases and refinancing, and interest rates are expected to drop to 1.6%.” On November 2, a leading state-owned person said. Another person from a national joint stock bank also confirmed the above statement. The source said that financial institutions should reasonably determine loan terms and bear their own risk. After considering factors such as cost of risk, the interest rate for the best customers dropped to roughly 1.6%.