All six major banks are officially announced! The listing interest rate for RMB deposits has been lowered
According to CCTV Finance News, on September 1st, the six major state-owned banks, namely Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Postal Savings Bank of China, and Bank of Communications, have all updated their reference interest rate tables for RMB deposits on their official websites, lowering the listing interest rates for medium and long-term fixed-term deposits.
Industrial and Commercial Bank of China
Bank of China
agricultural bank
Construction Bank
Bank of Communications
Postal Savings Bank
It is found that the current adjustment of all banks is basically the lump sum deposit and withdrawal interest rate. Except the Postal Savings Bank, the range is that the one-year lump sum deposit and withdrawal interest rate is reduced by 10 basis points to 1.55%, the two-year lump sum deposit and withdrawal interest rate is reduced by 20 basis points to 1.85%, and the three-year and five-year lump sum deposit and withdrawal interest rates are reduced by 25 basis points to 2.2% and 2.25%, respectively. The one-year deposit and withdrawal interest rate of Postal Savings Bank of China was lowered by 10 basis points to 1.58%. The interest rates for lump sum deposits and withdrawals with a maturity of less than one year, zero sum deposits and withdrawals, zero sum deposits and withdrawals, principal deposits and withdrawals, flexible deposit and demand, contractual deposits, and call deposits have not been adjusted yet.
Among national joint-stock banks, China Merchants Bank, Everbright Bank, Industrial Bank, and others have also lowered their RMB deposit interest rates, and adjusted the types and magnitude of deposits to be basically the same as those of major banks. However, the interest rate after the adjustment is still slightly higher than that of state-owned banks.
Taking Everbright Bank as an example, the one-year interest rate was lowered by 10 basis points to 1.75%, the two-year interest rate was lowered by 20 basis points to 2.1%, and the three-year and five-year interest rates were both lowered by 25 basis points to 2.25% and 2.3%, respectively.
This adjustment is the second time that the bank has lowered the deposit interest rate. In June this year, large state-owned banks, national joint-stock banks, urban commercial banks, agricultural and commercial banks and other small and medium-sized banks have successively adjusted the deposit interest rate. Compared with the two rounds of adjustment, it is found that this time the deposit interest rate has decreased by about 5 basis points more than the previous round.