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19-9 NOMINAL INTEREST RATES ON LOANS OF FINANCIAL INSTITUTIONS |
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Unit:annual interest rate % |
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Item |
Aug 23 1996 |
Oct 23 1997 |
Mar 25 1998 |
Jul 1 1998 |
Dec 7 1998 |
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Working Capital Loans |
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Ordinary |
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6 Months |
9.18 |
7.65 |
7.02 |
6.57 |
6.12 |
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1 Year |
10.08 |
8.64 |
7.92 |
6.93 |
6.39 |
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Individuals Enterprise |
a) |
b) |
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Fixed Asset Investment Loans |
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Technical Innovation |
c) |
c) |
c) |
c) |
c) |
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Capital Construction |
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1 Year or Less |
10.08 |
8.64 |
7.92 |
6.93 |
6.39 |
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3 Year Less |
10.98 |
9.36 |
9.00 |
7.11 |
6.66 |
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5 Years or Less |
11.70 |
9.90 |
9.72 |
7.65 |
7.20 |
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More than 5 Years |
12.42 |
10.53 |
10.35 |
8.01 |
7.56 |
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a）Can be 10 higher than 10.08%. |
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b）Can be 10 higher than 8.64%. |
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c）Same as interest rates on capital construction loans with corresponding maturity. |
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