Ping an Bank and Dongying Bank issued a notice: the intelligent notice deposit business will be suspended.

[ping an Bank and Dongying Bank issued a notice: intelligent notice Deposit Business will be suspended] Financial Associated Press reporter noted that on May 12, Ping an Bank, Dongying Bank and other banking institutions issued notices one after another, informing customers that the sale of "smart notice deposits" products will be suspended. Ping an Bank announced in the afternoon that the sale of "smart notice deposits" will be suspended from May 14. At that time, the "intelligent notice deposit" products will no longer support new contracts in Ping an Bank's online (pocket APP) channel and offline (network counter system, remote counter bank (FB) system) channels; if customers have purchased "intelligent notice deposit" products before suspending sales, the stock business can still continue to handle product withdrawal, inquiry, termination and other business in various channels of Ping an Bank. Dongying Bank also announced in the evening that in order to implement the measures taken by the people's Bank of China to deepen the market-oriented reform of interest rates, and in accordance with the relevant guiding requirements of the people's Bank of China to improve the formation and transmission mechanism of market-oriented interest rates, starting from May 15, 2023, the intelligent notice deposit business will be suspended. (Liang Kezhi, reporter of the Financial Associated Press)