Regarding the adjustment of existing housing loan interest rates, bank of shanghai announced on September 30 that it is actively formulating the implementation plan for adjusting existing housing loan interest rates, planning to release specific operational details on October 12, 2024, and complete bulk adjustments before October 31, 2024.
上海银行：正在抓紧制定存量房贷利率调整实施方案 拟于10月12日发布具体操作细则
Bank of Shanghai: is currently working on formulating a specific plan for adjusting the interest rates of existing home loans, and plans to release detailed operational details on October 12th.
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