多家村镇银行官宣：下调存款利率

Core Viewpoint - Multiple village banks have recently lowered deposit interest rates, reflecting a response to the downward trend in market interest rates and an effort to manage liability costs to alleviate net interest margin pressure [1][4][5]. Group 1: Deposit Rate Adjustments - Several village banks in regions such as Zhejiang, Guizhou, and Jilin have announced reductions in deposit rates, with decreases ranging from 5 basis points (BP) to 20 BP across various deposit terms, particularly for three and five-year deposits [1][2]. - For example, Jilin Longtan Huayi Village Bank adjusted its interest rates for various deposit types, including a reduction of the one-year fixed deposit rate from 1.70% to 1.60%, and the three-year rate from 1.95% to 1.75%, reflecting a 20 BP decrease [2]. - Other banks, such as Baishan Hunjing Hengtai Village Bank, also made similar adjustments, lowering rates for all fixed-term deposits by 10 BP for terms under two years and 20 BP for three and five-year terms [2][3]. Group 2: Market Trends and Future Expectations - The trend of declining deposit rates is expected to continue, with industry experts predicting a new round of rate cuts in the third and fourth quarters of the year, potentially starting around October [5][6]. - According to a report by Rong360 Digital Technology Research Institute, the average interest rates for various fixed-term deposits have decreased, with the three-month average rate at 0.943% and the five-year rate at 1.531%, showing a downward trend [4]. - Despite the overall decline in deposit rates, some small banks have introduced high-yield products, such as large-denomination certificates of deposit with rates exceeding 2%, which are viewed as short-term strategies rather than sustainable solutions [4][6]. Group 3: Challenges and Strategic Shifts - The ongoing decline in deposit rates poses challenges for small and medium-sized banks, which previously relied on high rates to attract depositors. The loss of this rate advantage necessitates a shift towards differentiated services and product innovation to enhance competitiveness [6]. - Experts suggest that banks should avoid a singular focus on growth and market share, emphasizing the importance of maintaining stable deposit growth while controlling liability costs [6].