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Vanke's domestic bank loan interest rates will be reduced by 100 basis points? Vanke: Continuing to coordinate with financial institutions to optimize financing conditions
There are investors asking Vanke questions on an interactive platform. Reports say that the banks have reached an agreement with Vanke to lower onshore loan interest rates by about 100 basis points (BP). After the adjustment, the interest rate would be in line with the shareholder loan interest rate provided by the Shenzhen Metro Group (2.34%). In response, Vanke said on the interactive platform that, for a long time, the company has been coordinating with financial institutions to optimize financing terms and reduce interest costs, and that its financing interest rate has been declining year by year; for details on the company’s financing situation, please refer to the company’s periodic reports. (China Finance Network)