China Car Forums banner
1 - 1 of 1 Posts

57 Posts
What is the prime rate in China?

As an example in Canada the Bank of Canada rate is 4.25% with banks charging a minimum of 6%.

Take a look....Click

Loans for various goods are based on Bank Prime (6%) plus a premium.

Automotive loans are usually 2 to 3 percent above bank prime, when the auto is used as security.
1 - 1 of 1 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.