Rate refers to the rate at which fees are paid. For example, the insurance premium rate refers to the ratio of the amount that the insured pays to the insurer and the amount that the insurer promises to compensate. It also refers to the fee charged by a telephone in a billing unit.

Interest rate refers to the ratio of the amount of interest to the amount of borrowed funds (principal) in a certain period. Interest rate is the main factor that determines the capital cost of enterprises, and it is also the decisive factor for enterprises to raise funds and invest. To study the financial environment, we must pay attention to the current situation and changing trend of interest rates.

Reply time: 2022-0 1-07. Please refer to the latest business changes announced by Ping An Bank in official website.