日前，经中央纪委国家监委批准，中央纪委国家监委驻中国银行纪检监察组、山西省监委对 中国银行四川省分行原党委书记、行长葛春尧严重违纪违法问题进行了立案审查调查。 经查，葛春尧存在以下问题： 【导读】中国银行四川省分行原党委书记、行长葛春尧被开除党籍和公职 中国基金报记者 晨曦 又有国有大行干部被处理！ 1 月 9 日，中央纪委国家监委官网通报：中国银行四川省分行原党委书记、行长葛春尧被开 除党籍和公职。 2025 年 3 月 29 日，据中央纪委国家监委驻中国银行纪检监察组、山西省纪委监委消息， 中国银行四川省分行原党委书记、行长葛春尧涉嫌严重违纪违法，接受中央纪委国家监委驻 中国银行纪检监察组和山西省监委纪律审查和监察调查。 回顾来看， 2025 年中国银行旗下已有多名重要干部被查，包括：原党委委员、 副行长林景 臻 ，浙江省分行党委书记、行长程军，大连市分行原党委委员、副行长曲恒善，贵州省分行 原党委委员、 副行长张文明 ，中银保险有限公司原党委书记、董事长周功华，内蒙古自治区 分行原党委委员、副行长刘明，天津市分行原党委书记、行长车德宇等。 ● 身为国有金融企业党员领导干部，丧失理想信念，背弃初心使命，搞 ...

Core Viewpoint - The digital renminbi (e-CNY) will start accruing interest on wallet balances as of January 1, 2026, marking a significant shift from a cash-like payment tool to a deposit currency model, which aligns with economic growth and financial intermediation mechanisms [1][2][3] Digital Renminbi Transition - The People's Bank of China (PBOC) will implement a new measurement framework and management system for digital renminbi on January 1, 2026, transitioning from a cash-type model to a deposit currency model [2] - Major state-owned banks will begin to pay interest on digital renminbi wallet balances at the same rate as regular savings accounts [2] Systemic Upgrade - The ability to earn interest signifies a systemic upgrade, transforming digital renminbi from a mere tool to a comprehensive monetary system, responding to global trends in digital currencies [3][4] - The PBOC aims to redefine how money exists, circulates, and is governed, moving towards a more sustainable and operationally integrated digital currency [3][4] Cross-Border Payment Enhancements - The PBOC is focusing on enhancing cross-border payment systems, including expanding the use of the renminbi in international transactions and improving the efficiency of cross-border financial flows [5][6] - The digital renminbi is expected to become a core engine for cross-border payments, facilitating smoother transactions and reducing costs for businesses [5][6] Infrastructure Development - Recent policies indicate a strategic alignment between digital renminbi development and cross-border payment infrastructure, aiming for a cohesive system that supports both domestic and international financial activities [7][8] - The revised rules for the renminbi cross-border payment system will enhance governance and scalability, ensuring a robust framework for financial transactions [8][9] Future Implications - The transition to a deposit currency model is anticipated to significantly increase liquidity within the banking system and encourage more financial services around digital renminbi [13][14] - The internationalization of the renminbi will depend on clear rules, risk management, and compliance, which are essential for building trust among global financial institutions [14][15] Conclusion - The digital renminbi's evolution into a deposit currency represents a fundamental shift in China's monetary policy, with implications for both domestic financial stability and international currency dynamics [1][3][14]

Group 1 - Major state-owned banks have launched new large-denomination time deposit products, but short-term product interest rates have generally entered the "0" range, with rates for 1-month and 3-month deposits at 0.9% [1] - Compared to state-owned banks, some joint-stock banks and city commercial banks still offer short-term large-denomination time deposits with interest rates above 1%, such as CITIC Bank's 1.1% for a 1-month deposit [1] - The interest rates for large-denomination time deposits from state-owned banks have been reduced, with the current rates for products with a term of 3 years or less ranging from 1.10% to 1.55% [1] Group 2 - Smaller banks are also experiencing downward pressure on short-term interest rates, with some entering the "0" range, as seen with Yunnan Tengchong Rural Commercial Bank offering a 0.95% rate for a 3-month deposit [2] - The adjustment in interest rates is closely related to banks' ongoing efforts to manage net interest margins and reduce funding costs, indicating a potential continuation of the downward trend in deposit rates in the current market environment [2]

责任编辑：曹睿潼 来源：中国再保险 来源：中国再保险 1月9日，中国再保党委书记、董事长庄乾志，党委副书记、副董事长、拟任总裁朱晓云会见中国银行党 委副书记、副董事长、行长张辉，党委委员、副行长刘承钢一行。 中国再保与中国银行战略合作基础深厚，双方围绕金融体系绿色转型和气候风险治理能力提升、银保共 同服务科技金融、携手为"一带一路"中国海外利益提供金融支持等方面开展深入交流。下一步，双方将 聚焦银保主责主业，牢牢把握金融工作的政治性、人民性，共同做好金融"五篇大文章"。 集团公司相关部门、相关子公司参加会谈交流。 中国再保与中国银行战略合作基础深厚，双方围绕金融体系绿色转型和气候风险治理能力提升、银保共 同服务科技金融、携手为"一带一路"中国海外利益提供金融支持等方面开展深入交流。下一步，双方将 聚焦银保主责主业，牢牢把握金融工作的政治性、人民性，共同做好金融"五篇大文章"。 集团公司相关部门、相关子公司参加会谈交流。 责任编辑：曹睿潼 1月9日，中国再保党委书记、董事长庄乾志，党委副书记、副董事长、拟任总裁朱晓云会见中国银行党 委副书记、副董事长、行长张辉，党委委员、副行长刘承钢一行。 ...

Core Viewpoint - In early 2026, several major state-owned banks in China have launched new large-denomination time deposit products, but short-term product interest rates have generally entered the "0" range [1][3]. Group 1: State-Owned Banks - The annual interest rates for 1-month and 3-month large-denomination time deposits from major state-owned banks such as Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, and China Construction Bank are all at 0.9%, with a minimum deposit requirement of 200,000 yuan [1][3]. - The China Construction Bank has only launched a special one-year product for the Beijing area with an interest rate of 1.4%, while Postal Savings Bank has not yet issued large-denomination time deposits [1][3]. - Since December 2025, the six major state-owned banks have collectively removed five-year large-denomination time deposits, with available products now generally limited to three years or less, and interest rates ranging from 1.10% to 1.55% [1][3]. Group 2: Other Banks - In contrast to state-owned banks, some joint-stock banks, city commercial banks, and rural commercial banks still offer short-term large-denomination time deposits with interest rates above 1%. For instance, Citic Bank's 1-month large-denomination time deposit has an interest rate of 1.1%, while Tianjin Bank's 3-month product offers 1.15% [1][3]. - Some smaller banks are also experiencing downward pressure on short-term interest rates, with certain rates entering the "0" range. For example, Yunnan Tengchong Rural Commercial Bank plans to issue a three-month large-denomination time deposit with an interest rate of 0.95% [2][4]. - Industry experts indicate that the recent interest rate adjustments are closely related to banks' ongoing efforts to manage net interest margins and reduce funding costs, suggesting that the downward trend in deposit rates may continue in the current market environment [2][4].

Core Viewpoint - The issuance of 3.5 billion yuan panda bonds by Barclays Bank, facilitated by Bank of China, highlights the growing recognition of China's panda bond market by international financial institutions [1][3]. Group 1: Panda Bond Market Development - The panda bond market is experiencing increased diversity in its issuers as China's bond market continues to open up [1][3]. - International commercial banks play a crucial role in normalizing financing for international issuers in the domestic market [1][3]. Group 2: Bank of China's Leadership - Since 2015, international commercial banks have issued a total of 34 panda bonds, with Bank of China participating in 30 of them, demonstrating its leading position in the market [2][4]. - Bank of China has collaborated with several benchmark institutions, including the Canadian Imperial Bank of Commerce, United Overseas Bank, Crédit Agricole, Deutsche Bank, and CIMB Bank, to deepen their engagement in the Chinese market [2][4]. - The bank aims to leverage its global network and expertise in the bond market to provide efficient and convenient financial services to international issuers, thereby enhancing the attractiveness and influence of China's bond market [2][4].

（中央纪委国家监委驻中国银行纪检监察组、山西省纪委监委） 责任编辑：曹睿潼 中央纪委国家监委网站讯 据中央纪委国家监委驻中国银行纪检监察组、山西省纪委监委消息：日 前，经中央纪委国家监委批准，中央纪委国家监委驻中国银行纪检监察组、山西省监委对中国银行四川 省分行原党委书记、行长葛春尧严重违纪违法问题进行了立案审查调查。 葛春尧严重违反党的政治纪律、组织纪律、廉洁纪律、群众纪律、工作纪律、生活纪律，构成严重职务 违法并涉嫌受贿、违法发放贷款犯罪，且在党的十八大后仍不收敛、不收手，性质严重，影响恶劣，应 予严肃处理。依据《中国共产党纪律处分条例》《中华人民共和国监察法》《中华人民共和国公职人员 政务处分法》等有关规定，经中国银行党委研究，决定给予葛春尧开除党籍处分；经中央纪委国家监委 驻中国银行纪检监察组研究，决定给予葛春尧开除公职处分；收缴其违纪违法所得；由山西省监委将其 涉嫌犯罪问题移送检察机关依法审查起诉，所涉财物一并移送。 经查，葛春尧身为国有金融企业党员领导干部，丧失理想信念，背弃初心使命，搞投机钻营，结交政治 骗子；罔顾中央八项规定精神，收受可能影响公正执行公务的礼品、礼金，违规借用服务对象车辆，违 ...

Group 1 - The core issue involves the serious disciplinary violations and illegal activities of Ge ChunYao, the former Party Secretary and President of the Sichuan Branch of the Bank of China, leading to an investigation and disciplinary actions [1][2]. - Ge ChunYao is accused of losing ideals and beliefs, engaging in speculation, and associating with political fraudsters, which violates the spirit of the Central Eight Regulations [1]. - He is also charged with accepting gifts and benefits that could influence his official duties, misusing service vehicles, and participating in prohibited activities such as banquets and golf [1]. Group 2 - The investigation revealed that Ge ChunYao violated multiple party and organizational disciplines, including political, organizational, and work disciplines, constituting serious job-related violations and suspected bribery [2]. - The Bank of China has decided to expel Ge ChunYao from the Party and public office, confiscate his illegal gains, and refer his criminal issues to the procuratorial authorities for legal prosecution [2].

葛春尧严重违反党的政治纪律、组织纪律、廉洁纪律、群众纪律、工作纪律、生活纪律，构成严重职务 违法并涉嫌受贿、违法发放贷款犯罪，且在党的十八大后仍不收敛、不收手，性质严重，影响恶劣，应 予严肃处理。依据《中国共产党纪律处分条例》《中华人民共和国监察法》《中华人民共和国公职人员 政务处分法》等有关规定，经中国银行党委研究，决定给予葛春尧开除党籍处分；经中央纪委国家监委 驻中国银行纪检监察组研究，决定给予葛春尧开除公职处分；收缴其违纪违法所得；由山西省监委将其 涉嫌犯罪问题移送检察机关依法审查起诉，所涉财物一并移送。 经查，葛春尧身为国有金融企业党员领导干部，丧失理想信念，背弃初心使命，搞投机钻营，结交政治 骗子；罔顾中央八项规定精神，收受可能影响公正执行公务的礼品、礼金，违规借用服务对象车辆，违 规接受宴请、旅游和打高尔夫球活动安排；违反组织原则，违规为他人谋取人事利益；廉洁底线失守， 违规拥有非上市公司股份；侵害群众利益；在授信审批、招标采购、选人用人等方面为他人谋利，非法 收受巨额财物；违反国家规定发放贷款，数额巨大。 人民财讯1月9日电，据中央纪委国家监委驻中国银行纪检监察组、山西省纪委监委消息：日前，经中 ...

葛春尧严重违反党的政治纪律、组织纪律、廉洁纪律、群众纪律、工作纪律、生活纪律，构成严重职务 违法并涉嫌受贿、违法发放贷款犯罪，且在党的十八大后仍不收敛、不收手，性质严重，影响恶劣，应 予严肃处理。依据《中国共产党纪律处分条例》《中华人民共和国监察法》《中华人民共和国公职人员 政务处分法》等有关规定，经中国银行党委研究，决定给予葛春尧开除党籍处分；经中央纪委国家监委 驻中国银行纪检监察组研究，决定给予葛春尧开除公职处分；收缴其违纪违法所得；由山西省监委将其 涉嫌犯罪问题移送检察机关依法审查起诉，所涉财物一并移送。 编辑 毛天宇 新京报讯 据中央纪委国家监委驻中国银行纪检监察组、山西省纪委监委消息：日前，经中央纪委国家 监委批准，中央纪委国家监委驻中国银行纪检监察组、山西省监委对中国银行四川省分行原党委书记、 行长葛春尧严重违纪违法问题进行了立案审查调查。 经查，葛春尧身为国有金融企业党员领导干部，丧失理想信念，背弃初心使命，搞投机钻营，结交政治 骗子；罔顾中央八项规定精神，收受可能影响公正执行公务的礼品、礼金，违规借用服务对象车辆，违 规接受宴请、旅游和打高尔夫球活动安排；违反组织原则，违规为他人谋取人事利益； ...