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China Merchants Bank pays 1% of the total amount every month.
Yes According to official website of China Merchants Bank, one percent of the total monthly repayment of China Merchants Bank is the minimum repayment amount of China Merchants Bank loans, and the rest will continue to bear interest. China Merchants Bank, 1987 was established in Shekou, Shenzhen, with total assets of 10. 14 trillion yuan in 2022. It is the first joint-stock commercial bank in China.
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