BOB(SH:601169) 财联社·2025-10-21 10:55Core Viewpoint - Recent adjustments by several banks in Guizhou province, including the cancellation of automatic renewal for notice deposits, reflect a response to regulatory requirements aimed at maintaining market order and reducing high-interest deposit products [1][2][4]. Group 1: Bank Adjustments - Guizhou Wuchuan Rural Commercial Bank announced the cancellation of the automatic renewal feature for notice deposit products effective October 17, 2023, requiring customers to register for withdrawals in advance [2][4]. - Over ten banks in Guizhou, including Chishui Rural Credit Union and Wanshan Changzheng Village Bank, have made similar announcements regarding notice deposits [4]. - Beijing Bank has also adjusted its notice deposit rates, linking new unit notice deposits to its published rates starting October 1, 2025, with automatic interest calculation based on rate changes during the deposit period [4]. Group 2: Market Trends - The adjustments by smaller banks are seen as a continuation of trends initiated by larger state-owned and joint-stock banks, which began phasing out high-interest notice deposit products in the second half of last year [6]. - The overall pressure on banks' interest margins has led to a reduction in high-interest deposit products, with some banks exploring alternative methods for attracting deposits, such as issuing large-denomination certificates of deposit [6][7]. - The decline of high-interest deposits and the continuous reduction of fixed deposit rates may encourage customers to shift their savings towards bank wealth management products and gold investments [7].