Take a loan of 654.38 million yuan a year as an example: interest = 654.38+million × 4.85% = 4,850 yuan loan: loan is a form of credit activity that banks or other financial institutions lend monetary funds at a certain interest rate and must return. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development; At the same time, banks can also obtain loan interest income and increase their own accumulation.
2. What's the interest of 65,438+10,000 RMB deposited by CITIC Bank in one thousand years?
The interest of 100,000 yuan deposited by the Agricultural Bank is related to the interest rate, with interest = principal × interest rate× deposit period:
1, 0.3% in deposit interest rate, and the annual interest rate of one hundred thousand yuan deposited in the Agricultural Bank of China100000× 0.3 %×1= 300 yuan.
2. The annual interest rate of lump-sum deposit and withdrawal 1 is 1.75%, and the one-year interest rate of10000x1.75 %×1=/kloc-
3. 1 year lump-sum deposit and withdrawal is fixed, lump-sum deposit and withdrawal, and the interest rate of principal and interest withdrawal is 1.35%, and the first year interest of10000×1.35 %× 65438 =/deposited in Agricultural Bank of China.
4. The annual interest rate of regular defecation is 1.05%, and the annual interest of one hundred thousand yuan deposited in the Agricultural Bank of China is100000×1.05 %×1=1050 yuan.
The concept of commercial banks is different from that of central banks and investment banks. It is a financial institution with profit as its function, raising funds with various financial liabilities and operating with various financial assets. General commercial banks have no right to issue currency. Traditional commercial banks mainly focus on deposit and loan (borrowing) business, that is, borrowing deposits at lower interest rates and lending loans at higher interest rates. The deposit-loan spread is the main profit of commercial banks. The main business scope of commercial banks includes absorbing deposits from the public, enterprises and institutions, issuing loans, discounting bills and intermediary business. It is a savings institution, not an investment institution.
China Commercial Bank can engage in the following businesses: absorbing public deposits and issuing loans; Handling domestic and overseas settlement, bill discount and issuance of financial bonds; Acting as an agent to issue, honor and underwrite government bonds and buy and sell government bonds; Engage in interbank lending; Buying and selling, acting as an agent to buy and sell foreign exchange; Providing letter of credit services and guarantees; Agency payment and insurance agency business, etc. According to the regulations, commercial banks are not allowed to engage in securities business and non-bank financial business other than government bonds.
All the books we contact in our life belong to commercial banks. China Commercial Bank is divided into large state-owned commercial banks, such as China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank and Bank of Communications. Small and medium-sized commercial banks, such as China Merchants Bank, Shanghai Pudong Development Bank, China CITIC Bank, China Everbright Bank and Huaxia Bank; City commercial banks, such as Bank of Beijing, Bank of Nanjing, Bank of Ningbo, etc. Rural commercial banks, such as Beijing Rural Commercial Bank, Shanghai Rural Commercial Bank and Chongqing Rural Commercial Bank.
Judging from the development of commercial banks, there are two business models of commercial banks. One is the British model. Commercial banks mainly finance short-term commercial funds, which have the characteristics of short lending period and high liquidity.
That is, borrowing deposits at a lower interest rate and lending them at a higher interest rate. The deposit-loan spread is the main profit of commercial banks. This business model is relatively safe and reliable for banks. The other one is from Germany, and its business is comprehensive. Commercial banks not only finance short-term commercial funds, but also finance long-term fixed capital, that is, engage in investment banking business.
3. Is it true that CITIC Bank doesn't need interest on its first-month loan?
Really.
According to the records of the local bank.
Interest-free loans from banks are not really "interest-free", but the interest that borrowers should pay, that is, the interest on financial subsidies. However, fewer people can apply for interest-free loans from banks.
The government introduced interest-free loans to support a certain industry and a certain group of people. Therefore, free.
At present, it is mainly to promote the development of education, support poverty alleviation or encourage entrepreneurship, such as farmers opening stores and urban unemployed starting businesses.
4. The bank loan is 6,543,800 yuan. According to the current interest rate, what is the principal and interest of the loan for one year?
Calculated according to the annual interest rate of the loan of 7.05%, the principal and interest shall be repaid in equal amount.
Repay the principal and interest of RMB 265,438+079.25 per month.
Accumulated interest returned is 243,065,438 yuan +09.34 yuan.
The accumulated repayment of principal and interest totals 523,065,438+09.34 yuan.