利率，下调！多家中小银行公告！

Core Viewpoint - The recent trend of deposit rate cuts among small and medium-sized banks is primarily driven by the need to manage liability costs and stabilize net interest margins in the face of declining loan yields and competitive pressures from larger banks [2][5][8]. Group 1: Deposit Rate Adjustments - Jiangsu Bank has reduced its three-year fixed deposit interest rate from 1.85% to 1.75%, a decrease of 10 basis points [1][3]. - Several small and medium-sized banks in regions like Zhejiang, Guizhou, and Jilin have announced deposit rate cuts ranging from 10 to 20 basis points [2][4]. - The adjusted rates for various terms at Shengzhou Ruifeng Village Bank include a three-year rate of 1.3%, down from previous levels [4]. Group 2: Market Dynamics - The current environment has led to a surge in demand for large-denomination certificates of deposit (CDs) with interest rates above 2%, as traditional deposit rates decline [6][7]. - Jiangsu Shushang Bank has launched two-year and three-year large CDs with rates of 2.1% and 2.3%, respectively, attracting significant investor interest [6]. Group 3: Future Outlook - Analysts predict that the trend of deposit rate cuts will continue, particularly among small and medium-sized banks, as they face greater challenges in attracting deposits compared to larger banks [8][9]. - The net interest margin for commercial banks in China was reported at 1.42% for Q2 2025, indicating ongoing pressure on profitability [8]. - Experts emphasize the need for small and medium-sized banks to shift their operational strategies away from high-interest deposit reliance towards more sustainable business models [9].