Find the detailed question (Dear customer, you have pre-approved a reserve fund of 268,000 in our bank, the credit is granted for 3 years, and you can pay it back as you use it, how much is the interest), the answer is as follows: the interest is as low as 5%.

: 1. Reserve is a kind of preparation set in the project plan to mitigate cost and schedule risks.

Reserves are funds established to cope with future repurchases, redemption of capital debt or to prevent unexpected losses, including loan and securities loss reserves and sinking funds.

2. What is the reserve interest rate?

Deposit reserve ratio (Deposit-Reserve Ratio) refers to the proportion of primary deposits of commercial banks that cannot be used for lending.

1. In order to ensure the needs of customers to withdraw deposits and liquidate funds, banking institutions cannot use all the deposits they absorb to issue loans or make financial investments. They must retain a certain amount of funds and deposit them in the central bank. This part of the deposits is called deposit reserves.

The ratio of deposit reserves to total deposits is the deposit reserve ratio.

2. To support the development of the real economy and promote the stabilization and decline of comprehensive financing costs, the People's Bank of China decided to lower the deposit reserve ratio of financial institutions by 0.5 percentage points on December 15, 2021 (excluding financial institutions that have implemented a 5% deposit reserve ratio).

mechanism).

After this reduction, the weighted average deposit reserve ratio of financial institutions is 8.4%.

3. The central bank announced that in order to support the development of the real economy and promote the steady decline of comprehensive financing costs, it has decided to lower the deposit reserve ratio of financial institutions by 0.5 percentage points on December 15, 2021 (excluding the implemented 5% deposit reserve ratio

financial institutions).

1. After this reduction, the weighted average deposit reserve ratio of financial institutions will be 8.4%.

This RRR cut is expected to release about 1.2 trillion yuan in long-term funds.

This is the second RRR cut after July 9 this year. The domestic deposit reserve ratio has continued to fall since December 5, 2011.

2. Simply put, the meaning of lowering the reserve requirement ratio is that the central bank reduces the deposit reserves of other commercial banks and releases more funds.

Although the purpose of this RRR cut is to support the development of the real economy.

However, considering the ongoing debt financing problems of real estate companies this year, people have to connect the two.