|
Reference Interest Rates
|
Percentage per annum
|
|
1. Interest rate for prime large customers : Term loan type (Minimum Loan Rate)
|
MLR
|
7.875 |
| 2. Interest rate for prime large customers : Overdraft type (Minimum Overdraft Rate) |
MOR
|
8.125 |
| 3. Interest rate for prime retail customers (Minimum Retail Rate) |
MRR
|
8.375 |
| 4. Interest rate for prime customers (ICBC Prime Rate) |
ICBC Prime Rate
|
8.125 |
| 5. Maximum interest rate - Commercial loan |
MRR + 5
|
13.375 |
| 6. Maximum interest rate - Consumer loan |
|
|
| - Housing Loan |
MRR + 4
|
12.375 |
| - Without collateral (not under supervision) |
MRR + 9
|
17.375 |
| 7. Interest rate charged to the loan secured in full by the bank account or bill issued by the bank |
Interest rate quoted for or in pledged bank account or bill plus margin up to 2.50% per annum
|
| 8. Maximum interest rate charged on payment made in favor of customer |
|
21.000 |
| 9. Maximum interest rate - Default case |
|
21.000 |
