Financial News: China Keeps Loan Prime Rates Unchanged

China Keeps Loan Prime Rates Unchanged

08/20/2026 - 01:52:00 (RTTNews)

(RTTNews) - China maintained its loan prime rates for the fifteenth consecutive month, as widely expected, on Thursday.

The People's Bank of China left its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent.

The bank had reduced its both LPRs by quarter points in October 2024 and 10 basis points each in May 2025.

The central bank sets the LPR monthly based on the submissions of 20 designated banks, though Beijing has influence over the fixing. The LPR replaced the traditional benchmark lending rate in August 2019.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Estonia Trade Gap Narrows In July (05 min(s), 57 sec(s) ago)
(RTTNews) - Estonia's foreign trade deficit decreased in July from a year ago as exports grew ...Full Story»

Norway Producer Price Inflation Highest Since September 2022 (53 min(s), 57 sec(s) ago)
(RTTNews) - Norway's producer price inflation accelerated further in August to the highest lev ...Full Story»

Malaysia Industrial Output Growth Weakest In 4 Months (01 hr(s), 20 min(s), 57 sec(s) ago)
(RTTNews) - Malaysia's industrial production growth moderated in July to the lowest level in f ...Full Story»

China Inflation Rises To 0.8%, PPI Inflation Accelerates (01 hr(s), 45 min(s), 57 sec(s) ago)
(RTTNews) - China's consumer price inflation increased in August, driven by higher technology ...Full Story»

China Inflation Data Due On Wednesday (10 min(s), 03 sec(s) ago)
(RTTNews) - China will on Wednesday release August figures for consumer and producer prices, highl ...Full Story»

Three-Year Note Auction Attracts Above Average Demand (14 min(s), 03 sec(s) ago)
(RTTNews) - The Treasury Department kicked off this week's series of announcements of the resu ...Full Story»

Slovakia Trade Balance Turns To Deficit In July (40 min(s), 03 sec(s) ago)
(RTTNews) - Slovakia's foreign trade balance swung to a shortfall in July from a surplus in th ...Full Story»

Denmark Industrial Output Contracts; Trade Surplus Grows (46 min(s), 03 sec(s) ago)
(RTTNews) - Denmark's industrial production decreased sharply in July after recovering in the ...Full Story»