The Central Bank again cut rates PV major plus

Polaris solar PV NET: people’s Bank of China decided to cut since May 11, 2015 the financial institutions ‘ lending and deposit benchmark interest rate.

Financial institutions cut the benchmark one-year lending interest rate from 0.25% to 5.1%; cut the benchmark one-year deposit interest rate from 0.25% to 2.25%, combined with market-oriented interest rate reform, financial institutions top of the deposit interest rate floating range adjusted by 1.3 times times the benchmark deposit rate is 1.5 times; other grades of lending and deposit benchmark interest rates, individual housing common reserve fund loan and deposit rates adjusted accordingly.

Financial institutions ‘ benchmark lending and deposit interest rates table

People’s Bank of China on May 11, cut interest rates by 25 basis points, in the wake of interest rate cuts, if some companies are running required banks large loans for PV power plant project, it may mean that the company’s loan interest rates would reduce the return on investment be increased.

Reporters learned from the GCL investment analyst new energy PV plants, photovoltaic power plant net profit after the cut or increased by more than 2%. PV big positive.

Original title: people’s Bank of China cut interest rates by 25 basis points PV major plus

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