Core Viewpoint - The five-year large-denomination certificates of deposit (CDs) have been collectively removed from the offerings of major state-owned banks, leaving only three-year products available, reflecting ongoing pressure on the banking industry's net interest margins [2][11]. Group 1: Product Availability - Major state-owned banks, including Industrial and Agricultural Banks, have removed five-year large-denomination CDs from their online offerings, with only three-year and shorter-term products remaining [2][11]. - The three-year large-denomination CDs are now offered at a reduced interest rate of approximately 1.55%, with varying minimum deposit thresholds of 200,000, 1,000,000, and 5,000,000 yuan [3][7]. - Agricultural Bank's app shows only three-year products available, with interest rates fixed at 1.55% for both 500,000 and 20,000 yuan minimum deposits [7]. Group 2: Interest Rate Trends - The interest rate for three-year large-denomination CDs has decreased from 2.15% to 1.55% over the past year, a decline of 60 basis points [11]. - Other state-owned banks, such as Bank of China and Postal Savings Bank, have also removed five-year large-denomination CDs, with interest rates for three-year and shorter products aligning with the rates of other major banks [11]. Group 3: Market Context - The removal of long-term large-denomination CDs is part of a broader trend in the banking industry, driven by ongoing adjustments in response to a low net interest margin environment [14][15]. - As of the end of Q3, the net interest margin for commercial banks was reported at 1.42%, a decrease of 11 basis points year-on-year, indicating continued pressure on profitability [15]. - Analysts suggest that banks are adjusting their product offerings to manage costs and maintain net interest margins, reflecting a shift in strategy towards shorter-term deposits and higher entry thresholds for large-denomination CDs [15][16]. Group 4: Clarification on Deposit Products - The discontinuation of five-year large-denomination CDs has led to confusion among some depositors, who mistakenly believe that all five-year deposit options have been eliminated; however, regular five-year fixed deposits remain available [12][13]. - Regular five-year fixed deposits have a much lower minimum deposit requirement of 50 yuan and offer a stable interest rate of 1.30%, providing an alternative for customers with lower capital [13].

截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國農業銀行股份有限公司 呈交日期: 2025年12月3日 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01288 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 30,738,823,096 | RMB | | 1 RMB | | 30,738,823,096 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 30,738,823,096 | RMB | | 1 RMB | | 30,738,823,096 | | 2. 股份分類 | 普通股 | ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國農業銀行股份有限公司 呈交日期: 2025年12月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01288 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 30,738,823,096 | RMB | | 1 RMB | | 30,738,823,096 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 30,738,823,096 | RMB | | 1 RMB | | 30,738,823,096 | | 2. 股份分類 | 普通股 | ...

Core Viewpoint - The demand for large-denomination certificates of deposit (CDs) is high, leading to limited availability, particularly in certain regions, as banks adjust their offerings in response to market conditions [1][4]. Group 1: Availability of Large-Denomination CDs - The Bank of Communications currently shows no available large-denomination CDs for purchase on its mobile app, indicating they have sold out [1]. - The bank's customer service confirmed that large-denomination CDs are sold in limited quantities and suggested customers check local branches for availability [1]. - Reports indicate that only select regions have access to exclusive large-denomination CDs, with a minimum purchase requirement of 200,000 yuan and an interest rate of 1.40% for a one-year term in Beijing [4]. Group 2: Interest Rates and Terms - The Bank of Communications offers a one-year large-denomination CD with a 1.40% interest rate, while other banks are adjusting their rates for different terms [6]. - Agricultural Bank of China has two products for three-year large-denomination CDs, with interest rates set at 1.55% for minimum investments of 20,000 yuan and 5 million yuan [6]. - The Industrial and Commercial Bank of China has also introduced a three-year large-denomination CD with a minimum investment of 100,000 yuan, which has already sold out [6]. Group 3: Market Trends and Strategies - The trend of banks discontinuing longer-term large-denomination CDs, such as five-year options, has been noted, with many banks indicating a lack of such products in recent years [6]. - Analysts suggest that banks are raising the minimum investment thresholds and stabilizing interest rates to manage their high-cost liabilities and maintain interest margins [8]. - The scarcity of medium to long-term deposit products like large-denomination CDs is becoming a strategy for banks to attract high-end clients, where the security and stability of funds are prioritized over interest rates [8].

12月3日，对于"工商银行三年期大额存单门槛提至100万元"这一消息，上海证券报记者求证获悉，工行等国有大行百万级起存的大额存单早已推出，且20万 元起存的3年期大额存单仍在货架售卖，两者利率均为1.55%。 上证报中国证券网讯（记者 黄坤）12月3日，对于"工商银行三年期大额存单门槛提至100万元"这一消息，上海证券报记者求证获悉，工行等国有大行百万 级起存的大额存单早已推出，且20万元起存的3年期大额存单仍在货架售卖，两者利率均为1.55%。 "目前我行在售的三年期大存单有两款，分别为100万元起存的'2025年第四期3年期个人大额存单'、20万元起存的'2025年第三期3年期个人大额存单'，这两 款发行期限均为2025年5月20日至2025年12月31日。"12月3日，工商银行客服向记者介绍称，上述大额存单具体额度以手机银行为准。 ￥ 20万元起 (i) 预计到期利息:0.00元 转出账户 6222***84! 可用余额 0.09 SEE 本机构吸收的本外币存款依照 随后，记者查看工商银行手机银行发现，该行100万元起存的"2025年第四期3年期个人大额存单"已售罄，而20万元起存的"2025年第三期3 ...

Core Viewpoint - The latest issuance of 3-year large-denomination certificates of deposit (CDs) by Industrial and Commercial Bank of China (ICBC) has seen the minimum deposit requirement raised to 1 million yuan, with an interest rate of 1.55%, which is currently sold out [1][5]. Group 1: Large-Denomination CDs - The current 3-year large-denomination CDs from ICBC have a minimum deposit of 1 million yuan and an interest rate of 1.55% [1][2]. - Previously, ICBC offered a 3-year large-denomination CD with a minimum deposit of 200,000 yuan, also at an interest rate of 1.55% [1][2]. - Other banks, such as China Construction Bank, Agricultural Bank of China, and Bank of China, also offer 3-year large-denomination CDs with a minimum deposit of 200,000 yuan at the same interest rate of 1.55% [5]. Group 2: Market Dynamics and Strategies - The increase in the minimum deposit requirement for large-denomination CDs without a corresponding increase in interest rates reflects banks' proactive liability management strategies in a low-interest-rate environment [5][6]. - By raising the minimum deposit amount, banks are effectively tightening the supply of large-denomination CDs, aiming to optimize their liability structure and reduce reliance on high-cost deposits [5]. - The main advantages of large-denomination CDs over regular deposits include higher liquidity and flexibility, such as transfer and pledge capabilities, making them suitable for large depositors with short-term funding needs [6].

Core Insights - The Yangtze River Delta is one of the most dynamic and innovative regions in China, with 48% of companies listed on the Sci-Tech Innovation Board coming from this area [1] - Technology companies have diverse financing needs at different stages of their lifecycle, which challenges banks to enhance their service capabilities and support for business growth [1] Group 1: Financial Support for Technology Companies - Agricultural Bank of China (ABC) Shanghai Branch approved a comprehensive credit of 100 million yuan for Zhefu Intelligent Systems to alleviate funding pressure as the company experiences rapid growth in orders [1] - ABC Suzhou Branch established a green channel for a biotech company, providing an additional credit of 200 million yuan to accelerate new drug development, which led to the successful approval of a new drug [2] - ABC Zhejiang Branch utilized an innovative dual pledge model of patent and trademark rights to provide a loan of nearly 20 million yuan to a high-tech company facing funding challenges due to continuous R&D investments [3] Group 2: Innovative Financing Models - ABC's approach has evolved from traditional asset evaluation to recognizing intellectual property, allowing for more flexible financing solutions [3] - The bank's smart evaluation model assesses a company's technological capabilities, enabling differentiated credit limits based on technology rather than just asset flow [3] - As of now, ABC's technology loan balance in the Yangtze River Delta exceeds 1.5 trillion yuan, with an increase of over 250 billion yuan this year, indicating a solid path for financial support of technological innovation [3]

12月2日，一则关于《男子取款170万在银行门口遭抢致重伤，当事人认为银行保安未帮忙应 担责》的信息在网络传播，引发关注。 位于河南郑州的 当事银行网点农业银行中牟白沙支行 也作出了相应回应。 针对其中涉及的部分细节， 《金融时报》 记者再次进行了核实。 首先是事发时间线。 现场监控显示，当事人于2024年7月2日 11时46分 在农业银行中牟白沙支行办理业务后，行 至网点西侧约25米处，在将装有钱款的行李箱放于其车辆后备箱时，遭遇歹徒抢劫，后双方 发生搏斗。 11时48分， 歹徒作案后骑摩托车向东逃离。 其次是当事银行网点是否报警。 来源：金融时报客户端 巅峰对话 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND 开盘速递 港股日报 全球早班车 数说人物 √ � [ 8 a 4 a g a d 4 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND ●微信搜一搜( 〔 〔 中国基金报 〕即刻获取财经资讯 农业银行中牟白沙支行相关负责人表示，事发时，网 ...

每经编辑｜程鹏 经鉴定，倪某某的损伤程度已构成重伤二级，左眼视力损害评为八级伤残。倪先生说："我的一只眼睛因此失明。" 倪先生说，今年2月作出一审判决，歹徒被判死缓，"他在法庭上说，自己在银行门口蹲点好几天才等到我的，并承认了全部罪行，没有提出上诉。"倪先 生提出了38万元的刑事附带民事赔偿，但法院只判赔偿7.3万余元。 12月2日，一则有关"男子取款170万在银行门口遭抢致重伤，当事人认为银行保安未帮忙应担责"的消息在网上引发关注。 针对上述事件，智通财经记者采访了中国农业银行中牟县支行。 该支行表示：经核实，事件发生于2024年7月2日，监控显示该客户于11时46分在农业银行中牟白沙支行办理业务后，行至网点西侧约25米处遭遇歹徒抢 劫。11时48分，歹徒作案后骑摩托车向东逃离，银行保安及工作人员因视线被车辆遮挡，未马上发现抢劫过程。11时54分，银行工作人员拨打110报警， 同时拨打120急救电话救助客户。11时57分，救护车与警方先后抵达现场，救护车将客户送医救治，警方同步到场管控。当日下午，歹徒被警方成功抓 获。目前该案已判决。 "事件发生后，我行高度重视，积极配合相关部门开展案件调查，相关负责人多次 ...

Core Viewpoint - Major state-owned banks in China have completely stopped offering 5-year large denomination certificates of deposit (CDs), with some joint-stock banks and city commercial banks also following suit by reducing long-term deposit products [1][9]. Group 1: Changes in Deposit Products - The six major state-owned banks have significantly shortened the maturity structure of their large denomination CDs, now only offering products with maturities of 1 month, 3 months, 6 months, 1 year, 2 years, and 3 years [3][9]. - The interest rates for the 3-year large denomination CD is 1.55%, while the 1-year and 2-year products have interest rates of 1.20% [3]. Group 2: Withdrawal of 5-Year CDs - The 5-year large denomination CDs have been removed from the product offerings of several banks, including China Bank, Construction Bank, and Postal Savings Bank, with no trace of 5-year products in Agricultural Bank's catalog from 2018 to 2025 [9][10]. - The withdrawal of 5-year large denomination CDs has been a gradual process, as evidenced by China Bank's earlier announcement in May 2023, which included 5-year products but was limited to specific customers [9][10]. Group 3: Availability of Other Maturities - The 3-year large denomination CDs have also become scarce this year, with banks like China Merchants Bank confirming that both 3-year and 5-year options are no longer available [11]. - The longest available term for large denomination CDs is now 2 years, with an interest rate of 1.40% [11].