Deposit & Lending Rates

Items

Before (%)

After (%)

Loan

6 months

5.04

5.22

1 year

5.31

5.58

1-3 years

5.49

5.76

3-5 years

5.58

5.85

above 5 years

5.76

6.12

Public housing fund lending rates

5 years and below

3.60

3.78

above 5 years

4.05

4.23

Mortgage

5 years and below

4.77

4.95

above 5 years

5.04

5.31

Deposit

On demand

0.72

0.72

3 months

1.71

1.71

6 months

1.89

2.07

1 year

1.98

2.25

2 years

2.25

2.70

3 years

2.52

3.24

5 years

2.79

3.60

Source: People’s Bank of China