多家银行宣布下调人民币存款利率

Core Viewpoint - Several small and medium-sized banks in China have recently announced reductions in RMB deposit interest rates, with decreases ranging from 10 to 20 basis points [3][12]. Summary by Sections Deposit Rate Adjustments - Jiangsu Bank and Nanjing Bank have lowered their three-year fixed deposit rates from 1.85% to 1.75% [4][6]. - Jilin Longtan Huayi Village Bank has adjusted its interest rates starting August 20, with the annual interest rate for demand deposits reduced from 0.2% to 0.15%, and various fixed deposit terms also seeing a decrease of 10 to 20 basis points [8]. - Gaomi Huimin Village Bank has announced similar reductions, with six-month, one-year, and two-year fixed deposit rates down by 10 basis points, and three-year and five-year rates down by 20 basis points [9]. - Other banks, including Zhejiang Shengzhou Ruifeng Village Bank and Jilin Baishan Hunjiang Hengtai Village Bank, have also lowered rates across multiple deposit products, primarily by 10 to 20 basis points [10]. Market Context - The recent rate cuts are seen as a follow-up to earlier reductions by major commercial banks, which had lowered deposit rates by up to 25 basis points in May [12][14]. - The current interest rates for major banks are 0.05% for demand deposits, and 1.25% and 1.3% for three-year and five-year fixed deposits, respectively [14]. - The downward pressure on deposit rates is attributed to the need to address declining net interest margins [12].