The loan interest rate of China People's Bank is 3.45% a year. According to official website, the People's Bank of China, the People's Bank of China authorized the National Interbank Funding Center to announce that the loan market quoted interest rate (LPR) 1 year is 3.45% in 2024, and it is 4.2% over five years. The above LPR is valid until the next LPR version. The People's Bank of China (PBC), referred to as the Central Bank for short, is the central bank of People's Republic of China (PRC) and a department of the State Council with ministerial level. 1 948 65438+February1The People's Bank of China was merged into Shijiazhuang City, Hebei Province on the basis of North China Bank, Beihai Bank and Northwest Farmers Bank. 1September, 983, the State Council decided that the People's Bank of China should exclusively exercise the functions of the national central bank of China. 1995 March 18, the third session of the Eighth National People's Congress passed the Law of the People's Republic of China on the People's Bank of China. So far, the People's Bank of China has been legally established as the central bank.