取消、下架、售罄，5年定期存款正在退出江湖

Core Viewpoint - The recent cancellation of 5-year deposit products by several village banks has raised concerns among depositors, indicating a shift in the banking sector's strategy to manage deposit competition amid narrowing net interest margins [2][3][10]. Summary by Sections Deposit Rate Adjustments - The Tongyu Mongolian Village Bank announced the cancellation of 5-year fixed deposit products effective November 5, 2025, becoming the first commercial bank to do so [3]. - Other banks, such as the Kundu Lun Mongolian Village Bank, have also quietly removed 5-year fixed deposit products from their offerings [4]. - A total of seven banks, including private banks, have removed 5-year fixed deposits from their pages, with some also eliminating 3-year fixed deposits [5][6]. Market Trends - The disappearance of 5-year fixed deposits is not limited to village banks; major commercial banks have also seen a collective absence of 5-year large denomination certificates of deposit [9]. - Some city commercial banks have categorized 5-year large denomination certificates of deposit as limited sales, available only for new customers or private banking clients [10]. Impact of Net Interest Margin - The retreat from 5-year deposits is a response to the ongoing pressure of narrowing net interest margins, with the net interest margin for commercial banks reported at 1.42% in Q2 2025, down from earlier levels [10][12]. - Analysts suggest that banks are adjusting their deposit strategies to lower long-term liabilities and manage costs effectively, especially as the market anticipates further declines in interest rates [11][12]. Customer Preferences - The general trend shows that 5-year deposit rates are often lower than 3-year rates, leading to decreased customer interest in long-term deposits [11].