The upper limit of the interest rate of notice deposit and agreed deposit is about to be adjusted: some joint-stock banks and city commercial banks have been announced.

Financial Associated Press, 13 May (FAP)-- some banks have issued a notice in advance to inform customers of the adjustment of the upper limit of interest rates on notified deposits and agreed deposits. It is understood that while the interest rate of the notice deposit and the agreed deposit rate is adjusted at the same time, banks are also required to stop operating the notice deposit that does not require customer operation and intelligent automatic deposit, and the stock expires naturally. This notice deposit and agreement deposit interest rate plus ceiling adjustment is a consistent behavior of the national banking industry driven by the interest rate self-regulation mechanism, and it is expected that most banks, including large banks, joint-stock banks, city commercial banks, agricultural commercial banks, and so on, will adjust synchronously. (21 Finance)