What is the interest rate of Shenyang commercial loan?

The interest rate of Shenyang commercial loan is that the bank will rise or fall a certain percentage on the benchmark interest rate according to the qualifications of the applicant, and everyone's interest rate may be different. If the applicant is a high-quality customer of the bank, the bank will generally implement the benchmark interest rate or the downward floating interest rate. For ordinary customers, banks generally raise the interest rate of 10%.

As of May 20 19, the central bank's benchmark interest rate is:

1, the loan term is less than one year, and the annual interest rate is 4.35%;

2. The loan term is one to five years (including five years), and the annual interest rate is 4.75%;

3. The loan term is more than five years, and the annual interest rate is 4.90%.

The loan interest rate is the interest rate charged by banks and other financial institutions to borrowers when they issue loans. There are roughly three categories: the loan interest rate of the central bank to commercial banks; The loan interest rate of commercial banks to customers; Interbank Offered Rate The determinants of bank loan interest are:

1, bank cost. Any economic activity needs cost-benefit comparison. There are two types of bank costs: borrowing costs-prepaid interest on borrowed funds; Additional cost-the cost of normal business.

2. Average profit rate. Interest is the subdivision of profit, which must be less than the profit rate, and the average profit rate is the highest limit of interest.

3. Supply and demand of loan funds. If the supply exceeds the demand, the loan interest rate will inevitably fall, and vice versa. In addition, the loan interest rate must also consider price changes, securities returns, political factors and so on.