Individual consumer loan interest subsidies from the government have been extended until the end of the year, and many banks have quickly responded.

On January 20th, the Ministry of Finance, the People's Bank of China, and the China Banking and Insurance Regulatory Commission issued a notice on optimizing the implementation of the personal consumer loan fiscal subsidy policy. The notice proposed to extend the implementation period of the personal consumer loan fiscal subsidy policy until the end of 2026. Subsequently, Agricultural Bank of China, Bank of China, Bank of Communications, Postal Savings Bank of China, and many other banks quickly responded by issuing specific arrangements and customer FAQs to implement the new policy.