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Chinese banks carry out a new round of deposit rate cuts, with a maximum drop of 25 basis points_SMM

Today, the RMB deposit interest rate tables collectively updated by Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, China Merchants Bank, etc. show that the one-year lump sum interest rate was reduced by 10 basis points to 1.55%, the two-year lump sum interest rate was reduced by 20 basis points to 1.85%, and the three-year and five-year lump sum interest rates were reduced by 25 basis points to 2.2% and 2.25%, respectively.

Caixin Global - Latest Business and Financial News on China, U S Trade War and Negotiations, Breaking News, Headlines and Developments

Caixin Global - Latest Business and Financial News on China, U S Trade War and Negotiations, Breaking News, Headlines and Developments

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