Notice deposit and agreement deposit interest rate adjustment follow-up: the interest rates of two types of deposits in large state-owned banks are generally lower than those in small and medium-sized banks

FAP, 2 June (FAP)-- since mid-May, commercial banks have adjusted the interest rates of call deposits and agreed deposits one after another. and remove smart notice deposits with higher interest rates. Shortly after the adjustment, on June 1, Minsheng Securities Collection team released the latest statistics for 19 commercial banks, including six large state-owned banks. Among them, 14 banks' one-day and seven-day notice deposit enforcement rates are lower than the benchmark interest rate, and 13 banks' agreed deposit enforcement rates are lower than the benchmark interest rate. However, the two types of deposit enforcement interest rates of individual banks of the above 19 banks are not only higher than the benchmark interest rate, but also the same as the upper limit set by the market interest rate pricing self-regulation mechanism. For example, the execution rate of one-day and seven-day notice deposits of a city commercial bank is 1% and 1.55% respectively, and the execution rate of agreed deposits is 1.35%. The enforcement interest rates for both types of deposits are at the same level as the self-regulation ceiling. (Securities Daily)