Core Viewpoint - The Industrial and Commercial Bank of China (ICBC) has raised the minimum threshold for its three-year large-denomination certificates of deposit (CDs) to 1 million yuan, while the industry standard remains around 200,000 yuan [1][2] Group 1: ICBC's Large-Denomination CDs - ICBC's current offering for the three-year large-denomination CD has a starting threshold of 1 million yuan and an annual interest rate of only 1.55% [1][2] - The latest three-year fixed deposit product from ICBC has an interest rate that can go up to 1.55%, with a much lower starting threshold of just 50 yuan [1][2] Group 2: Market Trends - A recent survey indicated that six major state-owned banks, including ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank, have completely stopped offering five-year large-denomination CDs [1][2] - Some joint-stock banks and city commercial banks are also following suit by reducing their long-term deposit offerings [1][2] - The structure of large-denomination CDs across banks has shifted significantly towards shorter terms, with ICBC now offering only one-month, three-month, six-month, one-year, two-year, and three-year products [1][2] - The interest rates for ICBC's one-year and two-year large-denomination CDs are both set at 1.2% [1][2]