China One-Year Medium-Term Lending Facility Rate was at 2.95 percent on Friday July 31.
Bank Lending Rate in China averaged 3.12 percent from 2016 until 2020, reaching an all time high of 3.30 percent in April of 2018 and a record low of 2.95 percent in April of 2020. This page provides - China Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China One-Year Medium-Term Lending Facility Rate - values, historical data and charts - was last updated on August of 2020. source: People's Bank of China
Bank Lending Rate in China is expected to be 2.95 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in China to stand at 2.95 in 12 months time. In the long-term, the China One-Year Medium-Term Lending Facility Rate is projected to trend around 2.95 percent in 2021, according to our econometric models.