Guangdong: The weighted average interest rate for newly issued corporate loans in June was 2.79%, a year-on-year decrease of 41 basis points.

date
22/07/2025
From the news conference on the financial operation situation in Guangdong Province in the first half of 2025 held by the People's Bank of China Guangdong Branch, it was learned that the People's Bank of China Guangdong Branch has maintained reasonable and abundant liquidity, guiding financial institutions to increase support for the real economy. Guangdong is orderly promoting the pilot work of explicit enterprise loan comprehensive financing cost, promoting the further reduction of comprehensive financing cost of the real economy. In June 2025, the weighted average interest rate of new general loans in Guangdong was 3.04%, at a historical low, a year-on-year decrease of 38 basis points; the weighted average interest rate of new enterprise loans was 2.79%, a year-on-year decrease of 41 basis points.