银行存款定期化趋势不减，中小银行密集降息应对成本压力

Core Viewpoint - The trend of deposit regularization continues among A-share listed banks, with 90% of banks reporting an increase in total deposits year-on-year, particularly in personal fixed deposits, while interest income is declining and liability costs are rising [1][2][11]. Deposit Trends - Among the 25 listed banks, total deposits reached 185.58 trillion yuan, a 5% increase year-on-year, with only Minsheng Bank and Everbright Bank showing a decline [2][3]. - Personal fixed deposits increased significantly, with Zhengzhou Bank reporting a nearly 40% year-on-year growth [4][5]. - The trend of deposit regularization is evident, with a notable increase in the proportion of fixed deposits compared to demand deposits [6][12]. Interest Expense and Rate Adjustments - Many banks are experiencing rising interest expenses on deposits, with notable increases reported by Changshu Bank and Ningbo Bank [7][8]. - In response to the pressure on liability management, several banks, especially small and medium-sized ones, have lowered deposit and large certificate of deposit rates, with some reductions reaching 40 basis points [9][10]. Net Interest Margin and Management Strategies - The net interest margin for commercial banks has decreased to 1.52%, with 16 out of 25 listed banks reporting a decline in interest income [11][12]. - Banks are focusing on controlling high-cost deposit scales and optimizing asset-liability structures to stabilize net interest margins [12].