At present, mortgage interest rates all over the country are calculated according to the interest rate of LPR, which is not fixed. During the execution of LPR interest rate, the increase and decrease are constant within the time stipulated in the loan contract. So the interest rate depends on the fluctuation of LPR. If the LPR interest rate increases, the loan interest rate will also increase accordingly; On the contrary, if the LPR interest rate is reduced, the loan interest rate will also be reduced.
Extended data bank is a legally established financial institution engaged in currency and credit transactions. This is the inevitable result of commodity circulation and circulation.
The role of banks, banks are money companies, which provide convenience for the collection and circulation of social funds and are very important organizations. We can see that the operation of banks, on the one hand, is to provide idle money and a small amount of money savings in society to those in need through loans; Here, banks act as intermediaries between borrowers and lenders.
On the other hand, it also provides services such as currency payment and settlement for commodity producers and businessmen, and plays an intermediary role. In a word, banks play an intermediary role in credit. Commercial banks have the functions of credit intermediary, payment intermediary, credit creation and financial services.
The main profit sources of banks are loans, bank insurance, sales of wealth management products, sales of financial instruments, consumer profits, hedging and bills. The income of most banks is: loan 30%, bank insurance 10%, wealth management fund 10%, sales 5%, financial institutions 5%, financial intelligent terminal business 30%, hedging business 5% and bill business 10%. The profit share of foreign banks is: loan 15%, bank insurance 15%, wealth management fund 15%, sales 10%, financial intelligent terminal business 10%, financial intelligent terminal business consumption and hedging business 5%, and bill business 5%.
To adjust the role of bp, the government will generally control the economy by adjusting a specific interest rate. For example, the adjustment of the deposit reserve ratio means adjusting the bank's reserve ratio, which can control inflation and reduce the bank's funds.
In addition, raising interest rates can also adjust the economy by raising the interest rate of market funds, thus curbing inflation, reducing market speculation and reducing the money supply. Under normal circumstances, raising the reserve interest rate or raising the interest rate will put pressure on the stock market in the short term, thus limiting speculative funds in the market, but it will not have much impact on the long-term trend of the stock market.
That's what bank interest rate bp means. I hope this article is helpful to you.