Is the deposit rate the same as the loan rate?
The deposit interest rate is different from the loan interest rate. The deposit interest rate is the ratio of interest amount to deposit amount in a certain period. The loan interest rate is the interest rate charged by banks and other financial institutions to borrowers when they issue loans. The lending rate of financial institutions is higher than the deposit rate. The bank's deposit interest rate and loan interest rate are both tools for the state to macro-control the economy.
What is the relationship between deposit interest rate and loan interest rate?
1. The loan interest rate and bank deposit interest rate change according to the national macro-control. When the currency issued by the state depreciates, the state will raise the deposit and loan interest rates and enhance the value of the currency.
2, the loan interest rate is mainly controlled by the state, which also controls the development of some enterprises, so that the economy will cool down and will not cause a hot phenomenon. Enterprises that develop too fast control it, and enterprises that develop too slowly support it. On the one hand, it can also control the flow of state funds, on the other hand, it can also prevent banks from creating a fixed amount of dormant account.
3. If the state raises the deposit interest rate, the bank loan interest rate will also increase. Similarly, when the deposit interest rate drops, the number of loans issued by banks will also increase.
The relationship between the above deposit interest rate and loan interest rate is briefly introduced here. If you need to know more, you can pay attention to Bian Xiao.