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19-10
Nominal Interest Rates on Loans of Financial Institutions
(annual interest rate %)
Item
1996.8.23
1997.10.23
1998.3.25
1998.7.1
1998.12.7
1999.6.10
Aug. 23, 1996
Oct. 23, 1997
Mar. 25, 1998
Jul. 1, 1998
Dec. 7, 1998
Jun. 10, 1999
Working Capital Loans
Ordinary
6 Months
9.18
7.65
7.02
6.57
6.12
5.58
1 Year
10.08
8.64
7.92
6.93
6.39
5.85
Individuals Enterprise
1
*
2
*
Fixed Asset Investment Loans
Technical Innovation
3
*
3
*
3
*
3
*
3
*
3
*
Capital Construction
1 Year or Less
10.08
8.64
7.92
6.93
6.12-6.39
5.58-5.85
3 Year or Less
10.98
9.36
9.00
7.11
6.66
5.94
5 Years or Less
11.70
9.90
9.72
7.65
7.20
6.03
More than 5 Years
12.42
10.53
10.35
8.01
7.56
6.21
a)
1
*
Loan rates to self-employed persons in industry and commerce can be 10 higher than 10.08%.
b)
2
*
Loan rates to self-employed persons in industry and commerce can be 10 higher than 8.64%.
c)
3
*
Loan rates of investment in innovation are same as loan rates on capital construction loans with corresponding maturity.
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