On July 31, the six major state-owned banks, Industrial and Commercial Bank, Agricultural Bank, Bank of China, China Construction Bank, Bank of Communications, and Postbank, all published on their official websites annualized comprehensive financing cost limits for normal performance of personal loan businesses, which took effect on August 1. The six major banks said that the personal loans they issue are priced differently.

On July 31, the six major state-owned banks, Industrial and Commercial Bank, Agricultural Bank, Bank of China, China Construction Bank, Bank of Communications, and Postbank, all published on their official websites annualized comprehensive financing cost limits for normal performance of personal loan businesses, which took effect on August 1. The six major banks said that the personal loans they issue are priced differently.