On March 24th, 20021year, the Monetary Policy Committee of the People's Bank of China held its first regular meeting. The meeting proposed to improve the formation and transmission mechanism of market-oriented interest rates, improve the central bank's policy interest rate system, continue to release the potential of reform to promote the reduction of loan interest rates, optimize the supervision of deposit interest rates, and promote the further reduction of real loan interest rates.
Promoting the further reduction of the actual loan interest rate means that the bank loan interest rate will be further reduced, and the loan interest rate mainly for enterprises will be further reduced. This is an obvious signal. However, behind the phrase "further reducing the real loan interest rate", there are three other meanings:
1. At present, enterprises are under great operating pressure and need to reduce the loan interest burden. Why should we lower the real loan interest rate of banks? The main reason is that in the long-term economic downturn, especially after the epidemic in 2020, many small and medium-sized enterprises have not recovered their production and operation capabilities, and they still face enormous operational pressure.
Therefore, in view of this situation, the state needs to reduce the actual loan interest rate of banks, on the one hand, to reduce the interest burden of enterprises, on the other hand, to let enterprises dare to borrow from banks to tide over the difficulties. This is very obvious in personal business loans. At present, the annual interest rate of self-employed real estate mortgage loans launched by banks is as low as 3.85%, which is a measure for banks to "further reduce the real loan interest rate".
Second, the interest rate of bank deposits will become more and more standardized, leaving room for banks to reduce the actual loan interest rate. At present, deposit and loan interest rates are still the main source of bank profits. If the bank reduces the real loan interest rate, in order to ensure profits, it must strive to reduce the cost of absorbing deposits. In other words, in order to ensure that the profit rate does not decrease, it is necessary to reduce the loan interest income and deposit interest expenditure at the same time.
Therefore, the monetary policy committee of the central bank put forward the requirement of "optimizing the supervision of deposit interest rate". Therefore, under the guidance and supervision of this policy, in the future, the practice of commercial banks to "raise deposit interest rates in disguise and improve the competitiveness of deposit products through innovative deposit products" will be severely supervised, and the interest rates of deposit products of commercial banks will become more and more standardized. This can be seen from the fact that 202 1 1 completely canceled the calculation of time deposit interest according to documents.
Third, banks will charge less and less for enterprises. Further reducing the burden on enterprises and reducing the real interest rate of bank loans is one aspect of reducing the burden on enterprises. At the same time, the state will also take measures to reduce corporate taxes and fees and reduce the burden on enterprises.
In the past, the assets appraisal fee and mortgage registration fee of bank mortgage loans were paid by enterprises, but now these fees are paid by banks. Therefore, not only will banks charge less and less fees to enterprises, but enterprises will also face less and less tax burden, which is a trend.