On September 30, the Bank of China announced that it is actively implementing the spirit of the “Notice on Implementing the Interest Rate Discount Policy for Residential Home Purchase Loans” and related requirements, and will carry out financial interest rate reduction work on commercial personal housing loans that meet the policy conditions starting October 1, 2026. The bank will optimize the processing process and simplify the procedures. Relevant matters will be announced through the Bank of China's official WeChat, official website, business outlets, etc., so stay tuned.

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