银行理财转型

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中小银行收到通知:今年控制理财业务规模
Xin Hua Wang· 2025-08-12 06:26
"监管部门还力促银行理财转型彻底,尽量以理财公司的组织形式开展理财业务。"冠苕咨询创始 人、金融监管政策专家周毅钦告诉记者。 中国银行业理财市场2021年年报称,部分中小银行不再发行理财产品,而是通过产品代销业务继续 参与理财市场,充分发挥自身在客户资源、销售渠道等方面的独特优势,打造具备自身特色的理财产 品"超市",逐渐成为理财产品代销的重要力量。 国家金融与发展实验室特聘研究员任涛认为,转型为代销业务的中小银行,往往需要在客户资源、 销售渠道方面有一定优势,而这一优势并非所有中小银行都具备。 但令一些中小银行感到振奋的是,中国银行业理财市场年报透露,要积极探索中小银行设立理财公 司的模式路径,并提出要落实扩大对外开放和引进外资政策,建设各展所长、有机合作、同生共存的生 态体系。 记者昨日从多家银行获悉,近期监管机构下发相关通知,在理财业务方面,要求中小银行今年控制 理财业务规模。 "该通知并非单独针对银行理财业务的指导,通知包括很多内容,理财只是其中一部分。"华东地区 一家城商行业务人士透露,监管部门确实对于银行理财业务有要求控制规模的指导,不过并未有具体压 降指标的要求。 【纠错】 【责任编辑:柴峥】 ...
30万亿银行理财平均年化收益率降了!
Zhong Guo Jing Ying Bao· 2025-07-29 15:08
不过,《中国经营报》记者对比发现,理财产品平均年化收益率有所下降。银行业理财登记托管中心发 布《中国银行业理财市场年度报告(2024年)》数据显示,2024年,理财产品平均收益率为2.65%。 中国邮政储蓄银行研究员娄飞鹏告诉记者,理财资金主要投向债券领域,债券收益率下降带来理财产品 收益率下降,这是一个重要影响因素。 2025 年上半年,10 年期国债收益率降至 2.1%,银行间同业存单收益率跌破 2%,信用债利差收窄至历 史低位。这导致理财配置的债券资产利息收入减少,资本利得空间压缩。 中经记者 张漫游 北京报道 7月25日,银行业理财登记托管中心发布《中国银行业理财市场半年报告(2025年上)》(以下简称 《报告》)。数据显示,截至6月末,银行理财市场存续规模为30.67万亿元同比增加7.53%,但上半年 理财产品平均年化收益率为2.12%,较2024年理财产品平均收益率为2.65%有所减少。 为何资金涌入的同时收益却在退潮?业内人士认为,理财资金主要投向债券领域,债券收益率的下滑成 为拖累整体收益的"重要推手";且可投资资产收益率普遍下降与资本利得减少的双重压力,共同促成了 此轮收益下行。 规模光环下 ...
不做“存款特种兵”了,去买银行理财短期产品
经济观察报· 2025-05-20 13:25
Core Viewpoint - The article discusses the shift of investors from traditional savings to bank wealth management products due to declining deposit interest rates, highlighting the evolving landscape of investment choices in response to market changes [2][3][8]. Summary by Sections Deposit Rate Changes - Recent adjustments in deposit rates have led to a significant decline, with the interest rate for demand deposits dropping from 0.10% to 0.05%, and one-year fixed deposits falling below 1% [2][3]. - The three-year and five-year fixed deposit rates have decreased to 1.25% and 1.30%, respectively, marking a reduction of 25 basis points [2]. Shift to Wealth Management - As fixed deposit rates lose their competitive edge, investors are increasingly turning to bank wealth management products, with many banks introducing attractive short-term high-yield products to draw in customers [3][9]. - The phenomenon of "deposit special forces," where investors seek higher yields through cross-regional savings, is now transitioning back to wealth management investments [5][8]. Investor Behavior and Market Dynamics - Investors like Mr. Guo, who previously engaged in wealth management, have returned to these products as deposit rates decline, indicating a shift in strategy based on market conditions [6][8]. - The article notes that the wealth management market has seen fluctuations, with some products offering yields between 3.60% and 4.20%, which are appealing compared to low deposit rates [8][10]. Short-term Wealth Management Products - There is a growing preference for short-term wealth management products due to their liquidity and relatively controlled risk, aligning with current investor needs for flexibility [10][11]. - Banks are actively promoting short-term high-yield products, with some offering annualized returns of up to 5.04% for short holding periods [11][12]. Fee Reductions and Competitive Strategies - In response to market conditions, banks and wealth management companies are reducing fees on various products to enhance attractiveness, with some institutions announcing significant fee reductions [11][12]. - For instance, 中银理财 has lowered its service fee from 0.30% to 0.10%, while 光大理财 has also announced fee reductions for its products [12].
新发行固收类产品期限定价倒挂,3年以上期限定价跌至2.33%丨机警理财周报
2 1 Shi Ji Jing Ji Bao Dao· 2025-04-29 10:07
Market Overview - The bond market shows a slight increase in yields, with the weighted average price of DR007 at 1.64% and the 10-year government bond yield at 1.66% [2] - The A-share market saw most broad indices rise, with the CSI 1000 index increasing by 1.85%, the Shanghai Composite Index by 0.56%, and the CSI 300 index by 0.38% [2] Fund Performance - The overall net value of bank wealth management products remains stable, with a comprehensive break-even rate of 0.87% as of April 27, 2025 [3] - The break-even rates for equity and mixed wealth management products decreased to 57.89% and 8.15%, respectively, while fixed income products maintained a low break-even rate of 0.34% [3] New Product Issuance - A total of 465 new wealth management products were issued by 31 companies from April 21 to April 27, 2025, with major issuers including Xinyin Wealth Management, Ping An Wealth Management, and Huaxia Wealth Management [4] - The majority of new products were R2 (medium-low risk), closed-end net value type, and fixed income public products, with mixed products seeing a 1.5-fold increase in issuance [4] Product Strategy - New products from Beiyin Wealth Management and Zhongyou Wealth Management adopted global asset rotation strategies, both classified as medium-low risk closed-end "fixed income + options" products [5] - The average performance benchmark for newly issued fixed income products decreased by one basis point to 2.69%, with most products priced below 3% [5] Yield Analysis - Mixed and equity wealth management products reported positive average returns due to rising equity markets, with fixed income products showing an average net value growth rate of 0.0451% [7] - The average weekly yield for cash products was 1.521% for RMB, 3.94% for USD, and 3.18% for AUD [8] Industry Trends - The transition of bank wealth management from "deposit-like" products to "multi-asset" offerings is ongoing, driven by product diversification and the need for risk budgeting [9] - The total scale of bank wealth management decreased by approximately 810 billion RMB in the first quarter of 2025 but showed a strong recovery in April, aided by the phenomenon of deposit migration [10]