To ensure that the new plan is well implemented, enterprises can report banks' practices of setting an implicit interest rate floor to market regulators and self-disciplinary industrial bodies.
The central bank also included the implementation of the new LPR scheme and loan interest rate competition behaviors in the macro-prudential assessment of banks to urge market players to follow the new LPR rules.
Efforts will be made to make lending rates and fees more open and transparent. Charges by financial institutions will be strictly regulated and intermediate agencies will be urged to cut fees, according to the PBOC.
【国内英语资讯:PBOC unveils LPR reform plan to cut real economy financing cost】相关文章:
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2020-09-15
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