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利率降至“1字头” 搬家存款转战大资管
Zheng Quan Shi Bao·2025-05-27 18:17

Group 1 - The recent reduction in deposit rates by state-owned and joint-stock banks has prompted smaller banks, including city commercial banks and rural commercial banks, to follow suit, leading to many deposit rates entering the "1" range [1][2] - The adjustment in deposit rates has resulted in a noticeable "deposit migration" effect, with clients moving large sums from traditional deposits to wealth management products and insurance [1][5] - The latest data indicates that the average interest rates for various deposit products have reached historical lows, with some banks offering rates as low as 0.05% for demand deposits and 1.30% for three-year fixed deposits, reflecting a decrease of 25 basis points [2][3] Group 2 - The decline in deposit rates is expected to encourage consumers to allocate funds towards consumption and investment, thereby enhancing economic vitality and optimizing asset allocation [4] - The trend of deposit migration is exacerbated by the low attractiveness of traditional savings, with many clients opting for bank wealth management products and insurance instead [5][6] - Analysts suggest that the reduction in deposit rates will pressure banks' liability management, leading to increased reliance on interbank liabilities and higher issuance rates for interbank certificates of deposit [7][8]