六大行五年期大额存单退场 多家银行中长期存款产品下架

Core Viewpoint - As the year-end approaches, there is an increased demand for investment and savings among citizens, but the availability of medium- to long-term deposit products in the market has decreased [1] Group 1: Bank Products and Interest Rates - Major state-owned banks, including Industrial, Agricultural, China, Construction, Communications, and Postal Savings banks, have shown that five-year large-denomination certificates of deposit (CDs) are no longer displayed on their apps [1] - The interest rates for three-year related products have generally dropped to between 1.5% and 1.75% [1] Group 2: Market Adjustments by Smaller Banks - Some small and medium-sized banks have also begun to adjust their deposit business, with Meizhou Commercial Bank recently announcing the removal of five-year fixed deposit products [1] - Institutions like Yilian Bank have also stopped displaying five-year large-denomination CDs on their apps [1] Group 3: Impact on Bank Profitability - Industry insiders analyze that the continuous narrowing of net interest margins has been a significant factor affecting banks' profitability in recent years [1] - The recent withdrawal of high-interest long-term deposit products by multiple banks is seen as a measure to stabilize the banks' net interest margins [1]