Group 1 - The People's Bank of China has announced a temporary suspension of government bond trading operations, citing a supply-demand imbalance in the bond market, with the 10-year government bond yield dropping below 1.6% [1] - Over 20 commercial banks have reduced their fixed deposit rates since April, leading to a significant decline in high-interest deposits, with rates now entering the "1 era" [2] - Three major banks, including Bank of Communications, Postal Savings Bank, and Bank of China, have received approval for their A-share stock issuance to specific investors, pending further regulatory approval [3] Group 2 - Experts suggest that large commercial banks raising funds through stock issuance will enhance their core capital, improving their stability and ability to serve the real economy, thus contributing to financial security and high-quality economic development [3] - The Industrial and Commercial Bank of China has responded to false claims regarding impurities in gold bars sold at its branches, emphasizing the importance of consumer protection and proper documentation [4] - Several banks, including Industrial Bank and Bank of Communications, have prohibited the use of credit cards for gold trading, highlighting the risks associated with leveraging credit for investment purposes [5]

Core Viewpoint - The banking sector is implementing aggressive pricing strategies for credit card cash installment services, with interest rates dropping significantly to attract customers and expand retail loan volumes [1][4]. Pricing Strategy - Some banks have introduced limited-time promotional activities for credit card cash installment services, with interest rates as low as 1.6 times the base rate, resulting in annualized rates below 3%, with the lowest at 2.76% [1][2]. - For example, China Merchants Bank's "e-zhaodai" product offers a special promotion with an annualized rate of 2.76% for 12-month installments [2]. - Other banks, such as CITIC Bank and Bank of Communications, have also launched competitive rates, with annualized rates ranging from 3.09% to 5.66% depending on the terms [3]. Market Dynamics - The consumer loan market has seen intense competition, leading to a price war, which was temporarily halted by regulatory measures that set a minimum annualized interest rate of 3% for consumer loans [4]. - Cash installment services are not subject to the same regulatory constraints, allowing banks to offer lower rates without violating regulations [4]. Strategic Objectives - Banks aim to attract more customers through lower rates while maintaining strict credit standards to minimize default risks [5]. - This strategy not only alleviates consumer financial pressure but also supports the growth of retail loan volumes and customer bases [5]. Profitability Concerns - While the low-rate strategy may attract customers in the short term, it poses risks to long-term profitability as banks rely on fee income from cash installment services [5]. - A reduction in interest rates could lead to decreased fee income, potentially impacting overall operational efficiency if risks are not adequately managed [5].

Core Viewpoint - Recent fluctuations in gold prices have led to increased interest in gold trading using credit card funds, prompting banks to issue warnings against such practices [1][2]. Group 1: Investment Behavior - Investors are attempting to exploit high gold prices by using credit cards to purchase gold, taking advantage of interest-free periods to sell at a profit [1]. - Social media has seen a rise in guides on how to engage in this type of arbitrage, indicating a growing trend among retail investors [1]. Group 2: Bank Responses - Major banks, including Industrial Bank, Bank of Communications, Jiangsu Bank, and Guangfa Bank, have issued notices prohibiting the use of credit card funds for investments in gold and stocks, with penalties for violations [1][2]. - The People's Bank of China has highlighted the need for stricter regulations on credit card usage, particularly in high-risk investment areas [2]. Group 3: Risks and Recommendations - Credit card trading in gold presents significant risks, including liquidity risk, leverage risk, and regulatory risk, which could lead to substantial losses for investors [2]. - Experts recommend that investors separate financing decisions from investment decisions, using personal funds for gold investments and avoiding illegal arbitrage practices [2]. Group 4: Credit Card Market Trends - The number of credit cards issued in China has decreased by 5.14% year-on-year, while overdue credit card loans have increased by 26.32%, indicating a tightening of credit card issuance and stricter risk controls by banks [3]. - There are reports of normal users facing credit limit reductions without prior notice, suggesting that banks' risk control measures may inadvertently affect compliant customers [3].

Core Viewpoint - Several banks have launched limited-time discount promotions for cash installment services, with some products' installment fee rates as low as 1.7% of the original rate, resulting in annualized rates below 3%, with a minimum of 2.76% [1][2] Group 1: Bank Promotions - Major banks like China Merchants Bank and CITIC Bank are offering significant discounts on cash installment services, with China Merchants Bank's "e-zhaodai" product offering a limited-time rate of 1.7%, leading to an annualized rate of 2.76% for 12-month installments [2] - CITIC Bank's "borrow cash" service offers a limited-time interest discount of 1.9%, resulting in annualized rates of 3.09% for 12-month and 3.19% for 24-month installments [2] - Other banks, such as Bank of Communications and Ping An Bank, have also introduced cash installment discounts, with rates ranging from 5.46% to 5.11% for longer terms [3] Group 2: Market Dynamics - The recent surge in low-interest promotions is partly a response to regulatory measures that set a minimum annualized rate of 3% for consumer loans, while cash installment services are not subject to this regulation [2][4] - Banks are adopting a "volume compensates for price" strategy, significantly lowering installment rates to attract customers and expand retail credit scale within compliance frameworks [4] - This strategy is seen as beneficial for consumers, reducing short-term funding costs and supporting large consumption needs, aligning with macroeconomic goals of expanding domestic demand [4] Group 3: Industry Concerns - Industry experts caution that excessive reliance on low-price competition in cash installment services could pose risks for banks, potentially affecting net interest margins and profitability in the long term [5]

金十数据5月9日讯，浙商银行发布公告称，近期黄金市场价格波动剧烈，一些不法分子利用投资者急于 获利心理，通过虚假宣传、诱导操作等方式，怂恿持卡人使用信用卡资金涉足"炒金"投资。这种行为不 仅违背信用卡使用的相关规定，更因黄金市场的高度不确定性，使持卡人面临巨大资金风险。一旦黄金 价格大幅下跌，持卡人将承受投资亏损、交易手续费等多项损失，还可能因还款压力导致逾期，产生不 良信用记录。信用卡资金仅可用于持卡人本人日常消费，严禁以任何形式投入投资理财领域，包括但不 限于黄金等投资性贵金属、股票、期货、期权等。 浙商银行：进一步明确信用卡资金不得用于黄金投资领域 ...

眼下，商业银行正在密集关停信用卡异地分中心。今年已有近30家银行信用卡分中心关停。 4月30日，金融监管总局网站披露，北京金融监管局同意交通银行（601328）太平洋信用卡中心北京分中心终止营业。 值得关注的是，近期，交通银行明显加快了关闭信用卡异地分中心的节奏。据披露，河北金融监管局同意交通银行太平洋信用卡中心保定分中心、唐山分 中心终止营业。交通银行太平洋信用卡中心在浙江杭州、金华等6个分中心 同批 收到浙江金融监管局同意终止营业的批复。 此外，广发银行、民生银行（600016）、华夏银行（600015）等也在陆续关闭异地信用卡分中心。 "这是银行信用卡业务进入存量竞争阶段的主动调整。"上海金融与发展实验室首席专家、主任曾刚接受《金融时报》记者采访时表示。 可以看到，目前，银行的信用卡业务发展出现了新的动向，由于需求端增长缓慢，信用卡规模扩张速度放缓，存量竞争则越来越激烈。 根据中国人民银行发布的《2024年支付体系运行总体情况》，截至2024年末，信用卡和借贷合一卡7.27亿张，同比下降了5.14%。 专家表示，关停部分分中心有助于银行优化资源配置，集中精力提升核心竞争力。 "提升用户体验感，增强用户黏 ...

Core Viewpoint - The credit card default rate in South Korea reached its highest level in a decade during the first quarter of this year, primarily due to prolonged economic stagnation [1] Group 1: Credit Card Default Rates - Major credit card issuers in South Korea, including Shinhan Bank, KB Kookmin Bank, Woori Bank, and Hana Bank, reported an increase in the proportion of credit cards overdue by more than one month in Q1 [1] - Hana Bank's credit card default rate hit 2.15%, the highest since December 2014 [1] - KB Kookmin Bank's credit card default rate rose to 1.61%, the highest level since the end of 2014 [1] - Shinhan Bank's credit card default rate also reached 1.61%, the highest since Q3 2015 [1]

Core Insights - The closure of credit card branches by national commercial banks indicates a shift from extensive expansion to refined operations in the industry [1][2][3] - The trend of closing credit card centers is driven by risk control and cost optimization considerations, particularly in regions with economic slowdown and population outflow [2][3] - The transition to localized management of credit card operations is a strategic response to changing market dynamics and aims to enhance operational efficiency [4][5] Summary by Sections Industry Trends - Since April, national commercial banks have accelerated the closure of credit card branches, with notable closures by Bank of Communications, China Minsheng Bank, and Guangfa Bank [1][2] - A total of 28 credit card branches have been closed by these banks since 2025, with a focus on regions like Northeast and North China [2][3] Strategic Shifts - The shift from centralized management to localized operations is highlighted as a core strategy for 2024, allowing banks to leverage local resources and improve service efficiency [4][5] - The closure of redundant branches is seen as a necessary step to optimize resource allocation amid declining card issuance and consumption [3][5] Future Outlook - Experts suggest that banks should focus on digital transformation, risk management, and differentiated product offerings to adapt to the evolving market [6][7] - The move towards online credit card services is viewed as an inevitable trend, driven by the dominance of online scenarios and the advantages of lower costs [7]

以下文章来源于网易数读 ，作者网易数读 网易数读 . 网易旗下栏目，用数据说话。 信用卡不香了。 作者 | 苏晚水 数据 | 苏晚水 乐乐 设计 | 起司司 秋瞳 来源 | 网易数读 （ID：datablog163） 7 4 岁的"庆奶"刘晓庆都要闯的霸总短剧，总是靠一些古早味配方让人看得上头。比如那 些早年晋江文里才会出现的桥段：男主一言不合就甩出一张黑卡，包下整个电影院或游 乐场。 停发潮下，首当其冲的是各类联名卡。 曾经，为了"钓"年轻客群办理信用卡，各大银行使出一招万物皆可联名，联名卡成为冲 量神器。 当 信 用 卡 蹭 上 大 热 IP 、 流 量 小 生 小 花 ， 粉 丝 就 蜂 拥 而 至 ， 像 200 6 年 发 行 的 国 内 首 张 He ll o Kitt y 粉丝信用卡，首年就突破 230 万张；而当信用卡和外卖电商、商场超市强 强联手，发放各种小"羊毛"，精打细算的年轻人就被钓成翘嘴。 但到现在，泛滥的联名卡正在批量消失。我们抽取了八家银行进行情况统计，在 2022 年至 2024 年，它们共停发 41 3 种联名卡，其中停发的企业联名卡最多。像存续时间达 1 7 年的"老网红" ...

韩国祥明大学工商管理学教授徐志龙（音译）说："由于持续的现金流问题，一段时间以来，个体经营 者的贷款拖欠率一直在上升。值得注意的是，随着经营状况的恶化，中小企业的贷款拖欠率预计将进一 步上升。" 韩国27日发布的银行业数据显示，受经济长期低迷影响，韩国几种主要信用卡的违约率在今年第一季度 升至十年来最高水平。 韩联社报道，数据显示，包括韩国新韩银行、国民银行、友利银行和韩亚银行等在内的韩国几大主要信 用卡发行机构，其今年一季度的信用卡逾期一个月以上的比例均有所升高，涉及信用卡支付、分期付款 和信用卡贷款等业务。 其中，韩亚信用卡的违约率为2.15%，比上一季度上升0.21个百分点，比去年同期上升0.28个百分点。 这是自2014年12月该卡发行以来的最高违约率。国民银行信用卡的违约率上升至1.61%，是自2014年底 以来的最高水平。新韩信用卡的违约率也达到了1.61%，为自2015年第三季度以来最高水平。 一名不愿透露姓名的银行业官员说："由于经济不景气，违约率正在上升，特别是在小企业主和个体经 营者等财务脆弱的群体中。" 《韩国时报》27日报道，韩国金融监督院25日发布的数据显示，截至2月底，韩国的银行中 ...