5年期定存“退潮”，储户的长期存款何去何从？

Core Viewpoint - Several small and medium-sized banks are adjusting their deposit product structures, particularly by canceling long-term fixed deposit products, reflecting the pressure of narrowing net interest margins in the banking industry [2][8]. Group 1: Changes in Deposit Products - Inner Mongolia's Tuyouqi Mengyin Village Bank and Kundu Lun Mengyin Village Bank have canceled their 5-year fixed deposits, and some private banks no longer list 3-year or 5-year fixed deposit products [2][4]. - The previous interest rate for the 5-year fixed deposit at Tuyouqi Mengyin Village Bank was 1.90%, which is now shown as vacant after the adjustment [4]. - Some private banks, such as Huari Bank and Xin'an Bank, have also removed 5-year fixed deposits from their product lists, with some banks eliminating both 3-year and 5-year fixed deposits [5]. Group 2: Reasons Behind Adjustments - The adjustments are primarily driven by the pressure of narrowing net interest margins, particularly affecting small and medium-sized banks, which are compelled to reduce high-cost long-term deposits and optimize their liability structures [2][8]. - The overall banking industry is facing challenges with net interest margins, with various types of banks experiencing different degrees of decline [9][10]. Group 3: Investor Behavior and Market Trends - Investors are shifting their asset allocation towards "stable low volatility + high liquidity" products, favoring money market funds, short-term wealth management, and low volatility dividend products [2][12]. - The trend indicates that more small and medium-sized banks are likely to follow suit in adjusting long-term deposit products, as the previous high-interest long-term deposit model is no longer sustainable [10].