中小银行密集调降存款利率 部分银行出现长短期利率“倒挂”

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 examples including Dalian Lushunkou Mengyin Village Bank's new rates of 0.15% for demand deposits and 1.15% to 1.9% for fixed-term deposits [2]. - The trend of lowering deposit rates has been observed since October, with banks like Fujian Huatuo Bank and Shanghai Huarui Bank making multiple adjustments within the year [2]. - The phenomenon of "inverted" deposit rates, where short-term rates exceed long-term rates, has emerged, indicating banks' expectations of further rate declines [4]. Group 2: Reasons for Rate Adjustments - The continuous narrowing of net interest margins has compelled banks to reduce deposit rates to alleviate cost pressures on the liability side [3]. - The expectation of further declines in interest rates has led banks to adjust long-term deposit rates preemptively to avoid locking in high-cost liabilities [3][4]. Group 3: Strategic Responses - Banks are advised to enhance strategic management by integrating local advantages and innovating their organizational structures [5]. - There is a focus on refining asset-liability management, expanding low-cost demand deposits, and increasing non-interest income through wealth management and other intermediary services [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].