中小银行密集调降存款利率

Core Viewpoint - Recent adjustments in deposit rates by several small and medium-sized banks indicate a proactive response to the pressure on the liability side, reflecting a consensus expectation of declining interest rates [1][3]. Group 1: Deposit Rate Adjustments - Many banks have lowered deposit rates across various terms, with specific rates such as 0.15% for demand deposits and 1.15% to 1.9% for fixed deposits of different maturities [2]. - The trend of lowering deposit rates is observed among multiple banks, including Fujian Huatuo Bank and Shanghai Huarui Bank, with the latter having made several adjustments within the year [2]. - The adjustments are primarily driven by the need to manage funding costs and maintain net interest margins amid a narrowing interest spread [3]. Group 2: Interest Rate Inversion - Some banks are experiencing an inversion in deposit rates, where longer-term rates are lower than shorter-term rates, indicating a cautious approach to long-term liabilities [4]. - For instance, Dalian Lushunkou Mengyin Village Bank has a five-year deposit rate of 1.85%, which is lower than the three-year rate of 1.9% [4]. - This inversion reflects banks' expectations of further declines in interest rates, prompting them to avoid locking in high-cost long-term liabilities [4]. Group 3: Strategic Responses - Banks are advised to enhance their strategic management and innovate by integrating local advantages and focusing on regional market research [5]. - Recommendations include refining asset-liability management, expanding low-cost demand deposits, and increasing non-interest income through wealth management services [5][6]. - The current interest rate adjustments are seen as a necessary adaptation for banks to balance cost control and strategic transformation for sustainable development [6].