《通知》发布后，农业银行（601288）、中国银行（601988）、交通银行（601328）、邮储银行 （601658）等多家银行迅速响应，第一时间公布落地细则及客户常见问题解答，确保政策红利快速直达 居民。 上海金融与发展实验室主任曾刚对《证券日报》记者表示，此次政策升级的核心突破在于实现了全场 景、全工具、全机构、强激励的普惠化转型，将此前"限领域、限工具、限额度、限机构"的局部支持政 策，升级为覆盖更广、门槛更低、激励更强的消费信贷支持体系，构建起"财政贴息+金融让利+居民受 惠"的良性循环机制。 此次政策调整是对2025年8月份推出的个人消费贷款财政贴息政策的深度优化，主要涵盖延长实施期 限、扩大政策支持范围与经办机构范围、优化贴息标准等方面。 1月20日，财政部、中国人民银行、国家金融监督管理总局联合发布《关于优化实施个人消费贷款财政 贴息政策有关事项的通知》（以下简称《通知》），标志着个人消费贷"国补"政策再度加码。 针对新旧政策衔接问题，中国银行明确表示，已完成贴息申请的贷款无需重新签署协议，自2026年1月1 日起发生的消费交易将自动适用最新政策；交通银行同步回应，前期已签署贴息服务协议的贷款 ...

Core Viewpoint - The recent policy optimization aims to lower consumer costs and activate consumption potential while reinforcing risk control measures to combat illegal arbitrage [1][5]. Group 1: Policy Implementation - Multiple banks, including Agricultural Bank, Bank of Communications, Postal Savings Bank, and China Merchants Bank, announced the implementation of the personal consumption loan interest subsidy policy as per the notification issued on January 16, 2026, effective from January 1, 2026 [1][2]. - The notification expands the scope of interest subsidies by removing previous restrictions on consumption areas, allowing residents to enjoy subsidies for various consumption fields and new credit card installment bills, provided they meet authenticity and compliance requirements [2][5]. Group 2: Application Process - Banks have clarified the application process for interest subsidies, with Agricultural Bank allowing customers to apply through mobile banking and customer service hotlines, while Bank of Communications offers an app for checking subsidy amounts and transaction details [3][4]. Group 3: Risk Control Measures - Banks have emphasized that they do not charge any fees for processing interest subsidies and will not engage third-party intermediaries for these services, aiming to protect customers from fraud [4][5]. - Experts have highlighted the risks posed by illegal intermediaries who may fabricate consumption purposes and documents to exploit the subsidy system, leading to potential financial disorder [5][6]. - A multi-layered risk control system has been established, involving banks, financial regulatory bodies, and the Ministry of Finance to monitor loan purposes and fund flows, ensuring compliance and accountability [6].

Core Viewpoint - The recent announcement by four departments regarding the optimization of personal consumption loan interest subsidy policy expands the support scope to include credit card bill installments, with a subsidy rate of 1% per annum [5][6]. Group 1: Policy Details - The subsidy policy allows each borrower to enjoy a maximum annual subsidy of 3,000 yuan, enabling a personal consumption loan limit of up to 300,000 yuan at a single financial institution [7]. - The subsidy period has been extended by four months, allowing eligible consumers to benefit from the policy from September 1, 2025, to December 31, 2026 [9]. - The policy removes previous restrictions on consumption categories, allowing loans for amounts of 50,000 yuan and above to be used for various purposes, including but not limited to automotive, tourism, and education [10]. Group 2: Implementation by Banks - Multiple banks, including Agricultural Bank, Bank of China, and Postal Savings Bank, have quickly released implementation details, emphasizing the direct deduction of subsidy funds from loan interest or installment payments for eligible customers [8][11]. - Customers must sign a supplementary agreement with the bank to benefit from the subsidy, and banks will not charge any fees for this process [14][17]. - Specific banks have set different rules for credit card bill installment subsidies, with Agricultural Bank capping the subsidy at 50% of the agreed annualized interest rate [13]. Group 3: Compliance and Fraud Prevention - Banks have emphasized strict measures against fraudulent activities, stating that any false consumption or non-compliance will result in the denial of subsidy benefits [15][16]. - The banks will not engage third parties for processing the subsidy applications, ensuring that all transactions are conducted through official channels [15][17].

Market Overview - The Shanghai Composite Index rose by 0.08% on January 21, with 18 out of the 28 sectors experiencing gains. The top-performing sectors were non-ferrous metals and electronics, with increases of 2.79% and 2.62% respectively [1] - The banking and coal sectors were the worst performers, declining by 1.58% and 1.57% respectively, with the banking sector leading the decline [1] Capital Flow - The net inflow of capital in the two markets was 11.983 billion yuan, with 14 sectors seeing net inflows. The electronics sector had the highest net inflow of 16.369 billion yuan, while the non-ferrous metals sector followed with a net inflow of 7.289 billion yuan [1] - Conversely, 17 sectors experienced net outflows, with the power equipment sector seeing the largest outflow of 6.688 billion yuan, followed by the defense and military industry with a net outflow of 2.906 billion yuan [1] Banking Sector Performance - The banking sector saw a decline of 1.58% with a net outflow of 447 million yuan. Out of 42 stocks in this sector, only one stock rose while 41 stocks fell [2] - Among the stocks with net inflows, Hangzhou Bank led with an inflow of 153 million yuan, followed by China Transportation Bank and Jiangsu Bank with inflows of 106 million yuan and 96.849 million yuan respectively [2] - The stocks with the highest net outflows included Agricultural Bank of China, Industrial and Commercial Bank of China, and Bank of China, with outflows of 555.7 million yuan, 227.4 million yuan, and 167.4 million yuan respectively [2] Detailed Banking Sector Data - A detailed table of banking stocks shows various performance metrics, including daily price changes and turnover rates. For instance, Agricultural Bank of China decreased by 2.93% with a turnover rate of 0.17% and a net outflow of 55.707 million yuan [3] - Other notable declines included Industrial and Commercial Bank of China at -2.52% and Bank of China at -2.02%, with respective net outflows of 22.740 million yuan and 16.737 million yuan [3]

证券之星消息，1月21日国有大型银行板块较上一交易日下跌2.53%，农业银行领跌。当日上证指数报收 于4116.94，上涨0.08%。深证成指报收于14255.12，上涨0.7%。国有大型银行板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 666109 | 建设银行 | 8.86 | -1.77% | 126.12万 | 11.25 Z | | 601988 | 中国银行 | 5.33 | -2.02% | 364.12万 | 19.59亿 | | 601328 | 交通银行 | 6.72 | -2.04% | 253.72万 | 17.20亿 | | 601658 | 邮储银行 | 5.08 | -2.12% | 201.16万 | 10.31亿 | | 601398 | 工商银行 | 7.35 | -2.52% | 474.52万 | 35.22 亿 | | 601288 | 农业银行 | 6.96 | -2.93% | 553.76万 | 38.93亿 | | 代码 ...

Core Viewpoint - The Ministry of Finance, the People's Bank of China, and the Financial Regulatory Administration have extended the implementation period of the personal consumption loan interest subsidy policy until the end of 2026, including credit card installment payments in the support scope [1] Group 1: Policy Implementation - The personal consumption loan interest subsidy policy will now be effective from September 1, 2025, to December 31, 2026, with credit card installment subsidies effective from January 1, 2026, to December 31, 2026 [1] - Agricultural Bank of China has announced that customers who have already processed credit card installments between January 1, 2026, and the policy announcement date can apply for subsidies [1] Group 2: Changes in Subsidy Standards - The policy removes the restriction on consumption transactions of 50,000 yuan and above, allowing these transactions to qualify for subsidies regardless of their category [2] - The annual subsidy rate is set at 1%, with a maximum subsidy of 3,000 yuan per borrower for all personal consumption loans and credit card installments combined [2] - The policy eliminates the previous limits on single transaction subsidies and the cumulative subsidy cap for loans below 50,000 yuan [2] Group 3: Application Process and Monitoring - Customers can apply for personal consumption loan subsidies through standard loan processes, and banks will calculate subsidies based on actual consumption [2] - If the system cannot identify the loan usage, customers can provide proof of consumption for manual review [3] - Banks are required to monitor loan usage and fund flow, with strict penalties for fraudulent activities or misuse of funds [3]

格隆汇1月21日｜A股市场银行股普跌，其中，农业银行、中信银行跌超3%，浦发银行、工商银行、兴 业银行、邮储银行、交通银行、中国银行跌超2%。 ...

转自：新华财经 1月20日，丙午马年贺岁生肖纪念钞兑换工作正式启动。启动当天恰逢上海雨雪天气，叠加预约兑换高峰，交通银行上海市分行以标准化流程为支撑、精细 化服务为纽带，全力保障兑换工作平稳有序、温暖高效。 此外，以纪念钞兑换为契机，交行上海市分行将全辖网点打造为春节前夕金融知识宣教前沿阵地，织密反诈防骗"安全网"。各网点统一设立公众教育专区， 聚焦春节期间高发的"虚假代预约纪念币""高价回收纪念币诈骗""冒充客服退款"等典型骗局，通过电子屏循环播放反诈宣传片等方式，增强客户识骗防骗能 力，大堂引导员主动为排队客户答疑，普及纪念币收藏与交易风险知识，多维度深化反假反诈宣传，切实守护客户财产安全。 下一步，交行上海市分行将持续坚守"金融为民"初心，不断优化服务流程、细化便民举措，更有"温度"地服务申城市民。（邓侃） 编辑：谈瑞 面对雨雪天气叠加"首日兑换高峰"的双重考验，该行启动预案，指导全辖网点全方位筑牢服务保障防线，包括严格落实安全防护措施，在排队区域统一铺设 防滑垫、设置醒目的安全警示标识，全力守护客户通行安全。厅堂内，开辟"暖冬兑换专区"，配备热茶、暖贴等御寒物资及临时休息座椅，让等候市民免受 严寒侵袭 ...

农业银行发布的指引显示，信用卡用户可通过手机银行信用卡贴息专区、拨打信用卡客服热线主动签署 与查询信用卡贴息补充协议；也可在手机银行、客服等渠道办理账单分期时，按提示完成签署。 贴息支持范围扩大，信用卡账单分期业务也可以享受贴息了！ "信用卡账单分期财政贴息政策实施期为2026年1月1日至2026年12月31日，在2026年1月1日至政策发布 日之间已办理的信用卡账单分期可致电我行信用卡客服热线申请补贴息。"农业银行（601288）表示。 1月20日，财政部相关负责人在新闻发布会上表示，将信用卡账单分期业务纳入了贴息支持范围。截至 目前，多家银行已经响应该政策，明确贴息举措。此外，去年9月份开始实施的个人消费贷款财政贴息 政策实施期限将延长至2026年底，每名借款人可享受消费贷款和信用卡贴息的上限为3000元。 信用卡账单分期业务可贴息 实施期覆盖2026年全年 多家银行表示，信用卡账单分期业务财政贴息政策实施期为2026年全年。 农业银行表示，新办理的信用卡账单分期业务且于政策实施期内生成的各期账单，经该行识别其真实 性、合规性后，可按规定享受贴息。 "信用卡账单分期年贴息比例是1个百分点，而且最高不超过办 ...

2026年1月20日，财政部、中国人民银行、金融监管总局联合发布《关于优化实施个人消费贷款财政贴 息政策有关事项的通知》（财金〔2026〕1号），明确延长政策实施期限、扩大贴息范围、调整贴息标 准。 《通知》发布后，部分国有行和股份行迅速响应，包括中国银行、中国农业银行、中国邮政储蓄银行、 交通银行四家国有银行，及招商银行这一代表性股份行密集发布落实细则与客户问答，从核心规则到操 作流程全方位为消费者提供指引，助力政策红利快速落地。 期限、范围、标准三大调整全覆盖 政策红利精准释放 此次新政的三大核心变化，在国有行与股份行的细则中均得到全面体现。实施期限方面，调整后个人消 费贷款贴息政策统一覆盖2025年9月1日至2026年12月31日；其中新增的信用卡账单分期贴息专项实施期 为2026年1月1日至2026年12月31日。国有行中，中国农业银行特别说明，2026年1月1日至政策发布日期 间已办理的信用卡账单分期，可致电客服热线申请补享贴息。 新旧政策衔接方面，国有行与股份行均遵循"无需重复操作"原则。国有行中的中国银行、交通银行、邮 储银行明确，前期已申请贴息的贷款或已签署协议的客户，2026年1月1日后消费 ...