The new network bank was established on 20 16, which was also approved by the CBRC. Therefore, there is a formal financial license, which is also jointly established by well-known enterprises such as New Hope Group, Xiaomi and Hongqi Chain.
The loan interest rate of Wangxin Bank also fluctuates on the benchmark interest rate of the central bank according to the regulations of the CBRC, and the annual interest rate of loans within one year (inclusive) is 4.35%; The annual interest rate of loans within five years (inclusive) is 4.75%; The annual interest rate of loans for more than five years is 4.9%.