Sentence examples similar to deposit rate cap from inspiring English sources

Similarly, the central bank has moved to liberalise interest rates, but progress has been slow, with deposit rates still capped.

A bank's depositors, in effect, pay the bank to borrow their money from them.Chinese banks can get away with this because deposit rates are capped by the government, preventing rival banks from offering higher rates.

China's deposit rates are strictly capped, so retail depositors are drawn to banks with the most branches or the biggest advertising budget.

The cap on the benchmark one-year deposit rate, for instance, is 2.52%, while the floor for the one-year lending rate is slightly over 6%, allowing banks and those institutions that loan money a 3.5% interest spread.

Among other issues, this ascent was driven by the cap imposed by the People's Bank of China on the deposit rate that the local banks can offer their clients.

We are technically ready for a negative deposit rate.

The lending rate rose to 5.58percentt and the deposit rate climbed to 2.25percentt.

The new lending rate is 5.58percentt and the new deposit rate is 2.52percentt.

Refi rate is now 0.15%, marginal lending rate 0.4%, deposit rate -0.1%.

The ECB held the deposit rate it pays on bank deposits at 0.0percentt, but cut its marginal lending facility - or emergency borrowing rate - to 0.75percentt from 1.00percentt.

Find the adjustable interest rate "cap.