What's new

are you qualified to judge CHINA loans under CPEC?!

Adam WANG SHANGHAI MEGA

SENIOR MEMBER
Joined
Aug 7, 2017
Messages
5,082
Reaction score
-15
Country
China
Location
China
I never grant any loans to my relatives, coz once you grant loans to them, it seems you own things to them not otherway around!
My answer is the same: Go to the bank.

are you qualified to judge CHINA loans under CPEC?!
 
Bank of China's Latest Bank Loan Interest Rate
Table for 2017:
Bank of China latest lending rate:
Project annual interest rate
First, short-term loans Within one year (including one year) 4.35%
Second, long-term loans One to five years (including five years) 4.75%
More than five years 4.90%

The above is the standard rate only, normally you are unable to get it, the rate would be higher for sure( generally speaking 9% to 15% per year as lending rate) coz there are always other applicants! take it or leave!
Underground private loan rate for company=48% per year!
 
Back
Top Bottom