China One-Year Medium-Term Lending Facility Rate was at 2.95 percent on Friday December 24. Bank Lending Rate in China averaged 3.01 percent from 2016 until 2021, reaching an all time high of 3.30 percent in April of 2018 and a record low of 2.95 percent in April of 2020. In China, the One-Year Medium-Term Lending Facility Rate is the main rate at which the central bank lends to big commercial banks. The MLF rate acts as a guide for the PBOC’s new lending benchmark, the Loan Prime Rate (LPR). This page provides — China Prime Lending Rate — actual values, historical data, forecast, chart, statistics, economic calendar and news.