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Is the loan interest rate 5.33 high?
The loan interest rate of 5.33 is not high. According to the China Loan Market Report 202 1 recently released by the Big Data Research Institute, the monitoring data of loan interest rates of 703 bank branches in 42 key cities across the country shows that the national average loan interest rate is 5.33%, up 2BP from the previous month. The average loan interest rate was 5.6 1%, up 2BP from last month. This is the fourth consecutive month since it began to rise in February, 20021.