进入5月，银行理财规模延续4月增长态势，站稳31万亿元关口。业内人士认为，近期银行理财规模上 行，主要受益于债市利率下行带动理财收益回升、存款搬家效应显现、银行销售策略调整等。新一轮存 款利率下调即将来临，银行理财规模或进一步增长，年内有望达到33万亿元。"原来三年期存款利率为 2.05%，现在只有1.65%。"上海一名程序员告诉记者，近期多家股份制银行、城商行下调了存款利率， 中长期限定期存款利率调整幅度较大，不如直接买短期限理财产品，而且流动性更好。记者从普益标准 获悉，截至5月19日，银行理财市场存续规模达31.27万亿元，较年初增长4.41%。(上海证券报) ...

今日晚间，一家国有大行人士表示，工作群里已经通知了存款利率即将下调的消息，不过不知道降多 少，让明天早上看邮件。另一家国有大行人士也告诉记者，存款利率即将下调，明天可能会发公告。 (21财经) ...

Core Viewpoint - The phenomenon of "deposit special forces" is fading as banks lower deposit interest rates, leading to a shift towards alternative investment products like bank wealth management [2][4][7]. Group 1: Deposit Rate Changes - The banking industry is entering a deposit rate reduction phase, with national commercial banks maintaining nominal rates while small and medium-sized banks have rapidly cut rates multiple times within six months [2][10]. - In 2023, the deposit rates for national commercial banks dropped significantly, with the five-year fixed deposit rate falling from 2.65% at the beginning of the year to 2% by the end, a decrease of 65 basis points [4][7]. - A total of 19 private banks have reduced deposit rates over 40 times in the current year, indicating a trend of narrowing interest rate differentials among banks [11]. Group 2: Disappearance of "Deposit Special Forces" - "Deposit special forces" refers to depositors who travel to different provinces or cities to open accounts for higher interest rates, a trend that has been declining due to regulatory changes and practical difficulties in opening accounts [4][7]. - The concept gained traction in 2023 as some small and medium-sized banks offered attractive rates, but the overall trend is shifting as these banks also begin to lower their rates [5][9]. - The operational challenges faced by depositors, such as the need for local residency proof to open accounts, have further diminished the appeal of cross-province deposits [7][9]. Group 3: Shift to Wealth Management Products - As deposit rates decline, there is a notable increase in the scale of bank wealth management products, with the total number of products reaching 40,600 and the total scale increasing by 9.41% year-on-year to 29.14 trillion yuan [14]. - The average annualized yield of bank wealth management products has improved to 2.70%, driven by a shift in market conditions favoring fixed-income products [14]. - The growth in wealth management is attributed to factors such as the "see-saw" effect in the market, where weak stock performance leads to stronger demand for fixed-income products, and banks enhancing marketing efforts for competitive yields [14].

Core Viewpoint - The recent announcement of monetary policy adjustments by Chinese financial authorities is expected to lead to a new round of deposit rate cuts by banks, particularly affecting small and medium-sized banks [1][2]. Group 1: Monetary Policy Changes - The People's Bank of China announced a reduction in the reserve requirement ratio by 0.5 percentage points and a decrease in the 7-day reverse repurchase rate by 0.1 percentage points to 1.4% [1]. - The anticipated market-driven transmission of these rate changes is expected to lower the Loan Prime Rate (LPR) by 0.1 percentage points [1]. - The adjustments are part of a broader strategy to stabilize the market and manage expectations [1]. Group 2: Impact on Small and Medium-Sized Banks - Several small banks have already begun to lower their deposit rates, driven by the need to reduce funding costs amid narrowing interest margins [2][3]. - Historically, small banks offered higher deposit rates to attract customers, but competitive pressures have led to a decline in loan rates, resulting in asset shortages [3]. - Current deposit rates for major state-owned banks remain stable, with rates for various terms set at 1.35% to 1.90% [3]. Group 3: Long-Term Deposit Rate Adjustments - Long-term deposit rates have become the primary focus for reductions among small banks, with significant cuts observed [6][7]. - For instance, Guangdong Qingxin Rural Commercial Bank has set its long-term deposit rates as low as 1.50% for five years [4]. - The strategy for small banks includes both lowering long-term deposit rates and enhancing the collection of low-cost deposits through targeted marketing efforts [7][8]. Group 4: Wealth Management Trends - With declining deposit rates, residents are increasingly opting for early mortgage repayments and low-risk investment products such as insurance and bank wealth management products [9]. - The average yield of bank wealth management products has decreased from 2.94% to 2.65% year-on-year, prompting banks to diversify their investment strategies [10].

【导读】多地中小银行密集"降息"，存款利率步入"1时代" 5月9日，聊城沪农商村镇银行发布公告表示，该行于5月10日起，对人民币存款挂牌利率进行调整。调整前，该行2年期、3年期、5年期存款利率 分别执行2.1%、2.16%、2.16%；调整后，该行对应期限的利率分别执行1.89%、1.98%、1.98%。 在本轮调整中，聊城沪农商村镇银行对三个月及半年期的存款利率并未调整，调整类别主要集中在中长期存款产品，存款利率下调幅度为5BP至 21BP区间。 中国基金报记者马嘉昕 近日，多地中小银行开启新一轮存款利率下调行动。记者注意到，哈密市商业银行、聊城沪农商村镇银行等多地中小银行，以及多家民营银行均 表示，对存款利率进行下调。 整体来看，部分中长期存款利率已跌破2%，步入"1时代"。业界认为，本轮中小银行密集下调存款利率属于此前一轮全国性商业银行存款"降 息"后的跟进下调。 同时，随着央行近期宣布下调政策利率0.1个百分点，新一轮全国性银行集体"降息"或将到来。 多家中小银行密集"降息" | 存款项目 | 年利率% | | | --- | --- | --- | | | 调整前 | 调整后 | | 一、城乡居民及 ...

2025.05. 12 本文字数：2289，阅读时长大约4分钟 作者 | 第一财经 王方然 在福建工作的黄女士（化名）习惯每月将部分收入存进定期存款中。5月初，她发现原本一些主打高 息的中小银行也在加速降息。 她告诉记者，自己常用的这家民营银行，去年5月份三年期、五年期存款利率分别为3.3%、3.8%。 而今年4月初，她收到客户经理通知，三年期、五年期存款利率将降为2.8%、2.9%。最近她去询问 时，利率再降至2.45%、2.5%。 这并非个例。近期中小银行正加速"补降"。据第一财经不完全统计，4月起已有哈密市商业银行、聊 城沪农商村镇银行、海伦惠丰村镇银行、福建华通银行等超30家中小银行"补降"存款利率，下调幅度 在10BP至100BP不等。有银行甚至在1个月内三次下调中长期限存款利率。 有业内分析人士认为，随着央行明确释放引导信号，叠加银行息差压力，市场预期二三季度或将迎来 大行领衔的新一轮全面降息。 "补降"节奏明显加快 5月9日，聊城沪农商村镇银行宣布调整人民币存款挂牌利率，定存利率全线低于2%。其中，一年期 定期存款利率下调15BP至1.8%，两年期定期存款利率下调21BP至1.89%，三年期、五 ...

近期部分中小银行为何密集降低存款利率？背后有哪些考量？受访专家普遍认为，这主要是为了进一步 降低负债成本。 "存款是银行重要的负债来源，这是中小银行降低存款利率的重要原因。"中国邮政储蓄银行研究员娄飞 鹏表示。 4月8日，江西江州农商银行发布调整存款利率的公告称，该行自4月9日起调整人民币挂牌利率，调整后 整存整取存款利率三个月期、半年期、一年期、二年期、三年期、五年期分别为1.00%、1.25%、 1.50%、1.49%、1.48%、1.47%。其中，五年期较之前下降幅度最大，达38BP。 4月25日，浙江德清农商银行发布公告称，自4月30日起调整人民币储蓄存款执行利率，三年期、五年期 整存整取定期存款利率较3月16日公布的同期限存款利率分别下调10个、25个基点，至1.95%、1.8%。 记者梳理数据发现，江西江州农商银行、浙江德清农商银行等多家银行均出现了三年期存款利率略高于 五年期存款利率的情况。此外，民营银行成为此次存款利率调整的主力军，且调整后的存款利率较其他 类型中小银行仍较高。 4月份以来，多地中小银行密集下调存款利率。据《农村金融时报》记者观察，下调后，部分中小银行 三年期、五年期定期存款利 ...

Core Viewpoint - Recent adjustments in deposit rates by several banks indicate a trend towards lower interest rates, particularly among small and medium-sized banks, with expectations of further reductions following recent monetary policy changes [1][2][9]. Group 1: Deposit Rate Adjustments - Numerous small and medium-sized banks have lowered their deposit rates since April, with many now offering rates below 2% for various terms [2]. - For instance, Fujian Huatuo Bank has reduced its 3-year fixed deposit rate from 2.7% to 2.45% and its 5-year rate from 2.6% to 2.5% [2]. - Shanghai Huari Bank has also adjusted its rates, with the 3-year fixed deposit rate now at 2.5% and the 5-year rate at 2.4%, leading to a "rate inversion" where longer-term rates are lower than shorter-term rates [2][3]. Group 2: Rate Inversion Phenomenon - The phenomenon of "rate inversion" is becoming more common, where the average interest rate for 3-year fixed deposits (2.042%) is higher than that for 5-year deposits (1.883%) [4]. - Some banks, like China Merchants Bank, are offering 1-year rates (1.6%) that exceed both 3-year (1.5%) and 5-year (1.55%) rates, further illustrating this trend [4]. Group 3: Monetary Policy Impact - The People's Bank of China has recently lowered the 7-day reverse repurchase rate from 1.50% to 1.40%, which is expected to lead to a decrease in the Loan Prime Rate (LPR) by approximately 0.1 percentage points [9]. - Analysts predict that this reduction in policy rates will encourage banks to further lower deposit rates, impacting the overall cost of financing in the economy [9]. Group 4: Future Outlook - The ongoing decline in deposit rates is anticipated to continue, prompting depositors to reconsider their asset allocation strategies [9]. - Financial experts suggest that individuals may need to diversify their investments beyond traditional savings accounts to include cash management products, government bonds, and potentially equities, depending on their risk tolerance [9].

多地中小银行密集按下存款利率"下调键"，5月11日，北京商报记者注意到，近日，包括哈密市商业银行、 聊城沪农商村镇银行、海伦惠丰村镇银行在内的多地中小银行以及上海华瑞银行、福建华通银行等民营银 行"官宣"对存款利率进行下调。部分长期限存款利率跌破2%，步入"1时代"。这轮中小银行的"补降"，被 视为对前期国有大行"降息"的跟进，人民银行降息、降准一揽子货币政策的落地，将市场对新一轮全国性 银行集体"降息"的预期也推向高点。 中小银行集体"补降" 银行存款利率已全面向"1时代"迈进，5月11日，北京商报记者注意到，近日，多地中小银行、民营银行宣 布执行新的存款利率水平。 在此之前，受市场利率下行、持续让利实体经济等因素影响，2024年A股上市银行净息差仍面临严峻考 验。据北京商报记者统计，过去一年，42家银行净息差全线收窄，降幅在1—51个基点之间。股份制银行 及地方银行降幅较大，平安银行、浙商银行、贵阳银行、郑州银行、江阴农商行、张家港农商行等净息差 下降幅度达30个基点或以上；光大银行、华夏银行、长沙银行、齐鲁银行、瑞丰农商行2024年净息差同比 降幅则在20个基点附近。息差下行幅度亦符合行业趋势，国家金融 ...

Core Viewpoint - The continuous decline in deposit interest rates has raised concerns among depositors, with many banks reducing rates significantly, leading to a situation where depositors find it challenging to locate products with rates exceeding 2% [1][2] Group 1: Deposit Rate Changes - Since April, over 20 commercial banks have lowered their fixed deposit rates, marking a shift towards the "1 era" for deposit rates [2] - For instance, Qingxu Rural Commercial Bank's rates for various terms are now 1.6%, 1.7%, 1.9%, and 1.9% for 1-year, 2-year, 3-year, and 5-year deposits respectively [2] - The rates at Luoping Xingfu Rural Bank have also dropped significantly, with 3-month, 6-month, 1-year, 2-year, 3-year, and 5-year rates falling from 1.45%-2.25% to 1.10%-1.95% [2] Group 2: Impact on Depositors - A deposit of 10,000 yuan at Luoping Xingfu Rural Bank yields only 145 yuan in interest for one year, and the total interest over five years is less than 1,000 yuan [4] - The decline in deposit rates has resulted in a substantial reduction in returns for depositors [4] Group 3: Interest Rate Inversion - A notable phenomenon of "inversion" in deposit rates has emerged, where short-term rates are higher than long-term rates, such as a 3-year rate of 1.90% compared to a 5-year rate of 1.55% at China Construction Bank [6] - Other banks like Ping An Bank and Huaxia Bank also exhibit similar trends, with 3-year rates significantly higher than 5-year rates [6] Group 4: Reasons for Rate Inversion - Banks are lowering long-term deposit rates to encourage consumer spending and avoid long-term deposits that could hinder economic liquidity [7] - Concerns about future interest rate declines lead banks to reduce long-term rates to mitigate potential high-interest liabilities [7] Group 5: Future Outlook and Asset Allocation - The market interest rates are expected to continue declining, which may further reduce depositors' savings returns [9] - In the current environment, depositors are advised to adjust their asset allocation strategies based on their risk tolerance and investment needs, considering low-risk products like cash management funds and government bonds [11] - For those with higher risk tolerance, exploring stocks and equity funds may be appropriate, but caution is advised to avoid unnecessary risks [12][13]