五年期定期存款，“已下架”

Core Viewpoint - The announcement from Meizhou Commercial Bank indicates a trend among banks to discontinue five-year fixed deposit products due to policy adjustments and to manage funding costs in response to narrowing net interest margins [1][6]. Group 1: Bank Actions - Several small and medium-sized banks have begun to remove long-term deposit products, particularly five-year fixed deposits, from their offerings [2][5]. - Meizhou Commercial Bank has specifically stated that it will no longer provide automatic renewal services for five-year deposits, requiring customers to manually manage their funds upon maturity [1]. - Other banks, such as Anhui Xin'an Bank, have also confirmed the absence of five-year fixed deposits, with the longest available term being three years [2]. Group 2: Interest Rate Trends - There is a noticeable decline in interest rates for fixed deposits, with many banks offering lower rates than previously available; for instance, the highest rate for a five-year deposit has dropped from 4% to 1.80% [2][3]. - Some banks are experiencing an inverted interest rate scenario, where the interest rate for three-year deposits exceeds that of five-year deposits, as seen with Liaoning Zhenxing Bank [2][5]. Group 3: Industry Context - The overall strategy of banks to reduce funding costs is primarily driven by the pressure of narrowing net interest margins, prompting them to adjust their deposit product offerings [6]. - High-level executives from various banks have indicated a commitment to reducing high-cost deposits and adjusting the issuance plans for large-denomination certificates of deposit and fixed-term deposits [6].