2025.12.31 本文字数：2487，阅读时长大约4分钟 作者 |第一财经 陈君君 2025年末，当许多储户打开手机银行，曾经高息的三年期、五年期定期存款已难觅踪迹，大额存单纷纷 下架，定期存款利率也普遍降至"1字头"。低利率环境下，"存款搬家"现象上演，居民资金正加速从传 统存款向理财、保险、黄金等多元资产迁移。与此同时，银行内部也在经历结构性调整：国有大行率先 降息，中小银行通过频繁多轮降息和退场长端产品，主动压降负债成本。展望2026年，业内人士表示， 存款市场的调整步伐预计将进一步加快，利率和存款规模或将继续下行，"存款搬家"的趋势或将延续， 居民储蓄向多元资产迁徙的动能仍将存在。 全面降息与长期限存款退场 2025年，个人存款和理财市场呈现出显著的结构分化特征。随着利率整体下行，长期限定期存款利率普 遍进入"1字头"，大额存单等高息产品陆续下架。 回顾来看，银行存款市场年内经历了涉及各类存款、遍及各类银行的降息潮。5月20日，六家国有大行 率先调整人民币存款利率，活期利率下调5个基点至0.05%，短期定期品种3至12个月的利率下调15个基 点，长期限品种3年期和5年期分别下调25个基点。 股份制 ...

当前已经是2025年底，2026年马上就要来了。有不少网友提出：手里攒了一些资金，想存个三年的定期。但一个很现实摆在眼前的问题是，不知道建设银 行、邮储银行、农商银行究竟该选哪一家。实际上，这个问题并没有最优选择，每个人都可以有自己答案，那就是找最适合自己存钱的银行。而这就需要， 储户在安全性和收益率之间找到平衡点。 事实上，建行、邮储、农商等银行的存款利率并不具有太大的吸引力。目前，3年期国债的利率是1.85%，五年期的利率是1.9%，这已经超过了大多数3年期 定期存救人的利率。而且，购买国债还有一个好处，就是可以靠档计息。所谓靠档计息，就是如果储户购买了3年期国债，即使中途急需要用钱，也可以按 照最靠近的一档存款利率计算利息，这样就避免了定期存款提前支取都算活期存款。 当然，储户在把钱存入银行时，不光要看存款的利率高低，还要看存款的安全性。如果从存款的安全性角度来看，作为国有6大银行的建行、邮储银行的安 全性要远高于各地的农商银行。所以，如果储户想获得较高的存款利率，要把钱存入农商银行，一定要牢记两点： 一个是看其是否参加存款保险。根据《存款保险条例》规定，只有银行参加了存款保险，一旦该银行发生倒闭，储户 ...

金融市场犹如变幻莫测的海洋，时刻涌动着投资与经济政策的波澜，深刻影响着全球经济的走向。在 此，喜娜AI为您呈上今日财经热点新闻，全方位覆盖股市动态、经济数据、企业财务状况以及政策更 新等关键领域，助您精准洞察金融世界的风云变幻，把握市场脉搏。 央行实施一次性信用修复政策，助力个人重塑信用 12月22日，中国人民银行发布通知，实施一次性信用修复政策。对于2020年1月1日至2025年12月31日期 间，单笔金额不超10000元的个人逾期信息，个人于2026年3月31日前足额偿还逾期债务的，金融信用信 息基础数据库将不予展示。政策"免申即享"，由征信系统自动识别处理。个人可多渠道查询信用报告。 详情>> A股放量上涨，跨年及春季行情逐步酝酿 快手遭黑灰产攻击，平台紧急处理并报警 12月22日晚，快手平台多个直播间出现涉黄内容，大量直播间被封禁。快手官方回应称，当晚22时左右 平台遭到黑灰产攻击，已紧急处理修复，坚决抵制违规内容，已上报相关部门并报警。奇安信专家称， 黑灰产"自动化攻击"超出人工审核极限。详情>> 三大国有银行调整中长期存款产品，应对净息差挑战 近期，工、农、中、建、交、邮储六大国有银行的App显示 ...

"存款利率大概率保持下行态势。"中国邮政储蓄银行研究员娄飞鹏告诉《证券日报》记者，对于不同银 行来说，在利率策略方面可能有所不同，国有大行和股份制银行的利率下行态势可能更明显。 杭州银行12月2日发布的存款产品营销信息显示，该行推出的杭州地区专属定期存款产品，三年期的利 率分为1.65%、1.70%、1.80%三个水平，对应的起购金额分别为5万元、20万元、50万元（新资金专 属）。其中，起购金额为20万元、50万元（新资金专属）的三年期定期存款利率较此前提高5个基点、 10个基点。 根据江苏银行上海分行12月7日发布的产品信息，该行推出起存金额5万元的三年期定期存款，利率为 1.85%，且显示额度有限。该定期存款利率较此前公布的起存金额1万元的三年期定期存款利率提高10 个基点。此外，陕西杨凌农村商业银行等农商行为增强定存产品吸引力，同样提高了产品利率，但同时 设置1万元（含）以上的起存门槛。 "近期部分中小银行上调存款利率主要是短期现实压力驱动下的策略性举措，核心动因是为应对特定时 点的考核与揽储压力，通过设定起存门槛等方式精准吸引存款，以弥补自身在品牌与渠道上的相对劣 势。"苏商银行特约研究员薛洪言告诉 ...

Core Viewpoint - The recent collective removal of five-year large denomination time deposits by six major state-owned banks indicates a significant shift in the banking industry towards reducing long-term deposit products due to pressure on net interest margins [1][4]. Group 1: Changes in Deposit Products - Six major state-owned banks have collectively removed five-year large denomination time deposits, with only three-year products remaining, and their interest rates have dropped to between 1.5% and 1.75% [1]. - The first bank to announce the cancellation of five-year fixed deposits was Tongyu County Mengyin Village Bank, which will eliminate this product starting November 5, 2025, and has also lowered interest rates for other terms [1][3]. - The adjustments include a reduction of 5 basis points for one-year and two-year deposits, bringing their rates to 1.45% and 1.55%, respectively, while the three-year deposit rate was reduced by 10 basis points to 1.85% [1][3]. Group 2: Industry Trends and Challenges - The banking industry is facing net interest margin pressure due to declining loan rates and high competition for deposits, leading to a need for banks to adjust their long-term high-interest deposit products [4][5]. - Private banks are more actively adjusting their products, with at least seven banks, including Meizhou Merchants Bank and Mybank, having removed five-year fixed deposits [3][4]. - According to the National Financial Regulatory Administration, private banks experienced a 0.08 percentage point decrease in net interest margins in Q3 2025, reflecting a broader industry challenge [3]. Group 3: Future Outlook - Industry insiders predict that while long-term deposits will not completely disappear, they will exhibit differentiated supply characteristics, with state-owned banks likely retaining five-year deposits as service tools but at potentially lower rates [5]. - Smaller banks are expected to shift towards one to three-year products or implement promotional strategies to manage their deposit scales [5]. - The reduction in deposit rates may lead to a "deposit migration" effect, where funds seek higher returns in capital markets, potentially benefiting direct financing markets [5].

Core Viewpoint - The major state-owned banks in China have collectively removed five-year large-denomination time deposits, indicating a trend of declining long-term deposit products in the banking industry [1][2][4] Group 1: Changes in Deposit Products - The six major state-owned banks have eliminated five-year large-denomination time deposits, with only three-year products remaining, which have seen interest rates drop to between 1.5% and 1.75% [1] - The first bank to announce the cancellation of five-year time deposits was Tongyu County Mengyin Village Bank, which will stop offering this product starting November 5, 2025 [1] - Other banks, including at least seven private banks, have also begun to remove five-year time deposits, reflecting a broader trend in the industry [3][4] Group 2: Interest Rate Adjustments - The interest rates for various deposit products have been adjusted downwards, with one-year and two-year rates reduced by 5 basis points to 1.45% and 1.55%, respectively, and the three-year rate decreased by 10 basis points to 1.85% [3] - The adjustments are a response to the pressure on net interest margins faced by banks, as the yield on assets (like loan rates) is declining while the cost of liabilities (like deposit rates) remains rigid [2][4] Group 3: Industry Context and Implications - The banking industry is experiencing a "two-sided squeeze" where declining loan rates and high competition for deposits are pressuring net interest margins, leading to the reduction of long-term high-interest deposit products [4] - A survey indicated that 62.3% of urban depositors prefer to save more, a slight decrease from the previous quarter, suggesting a shift in savings behavior due to lower interest rates [4] - Analysts predict that while long-term deposits will not completely disappear, they will exhibit differentiated supply characteristics, with state-owned banks likely retaining five-year deposits as service tools but at potentially lower rates [5]

Core Viewpoint - The announcement from Meizhou Commercial Bank indicates a trend among banks to discontinue five-year fixed deposit products due to policy adjustments and to manage funding costs in response to narrowing net interest margins [1][6]. Group 1: Bank Actions - Several small and medium-sized banks have begun to remove long-term deposit products, particularly five-year fixed deposits, from their offerings [2][5]. - Meizhou Commercial Bank has specifically stated that it will no longer provide automatic renewal services for five-year deposits, requiring customers to manually manage their funds upon maturity [1]. - Other banks, such as Anhui Xin'an Bank, have also confirmed the absence of five-year fixed deposits, with the longest available term being three years [2]. Group 2: Interest Rate Trends - There is a noticeable decline in interest rates for fixed deposits, with many banks offering lower rates than previously available; for instance, the highest rate for a five-year deposit has dropped from 4% to 1.80% [2][3]. - Some banks are experiencing an inverted interest rate scenario, where the interest rate for three-year deposits exceeds that of five-year deposits, as seen with Liaoning Zhenxing Bank [2][5]. Group 3: Industry Context - The overall strategy of banks to reduce funding costs is primarily driven by the pressure of narrowing net interest margins, prompting them to adjust their deposit product offerings [6]. - High-level executives from various banks have indicated a commitment to reducing high-cost deposits and adjusting the issuance plans for large-denomination certificates of deposit and fixed-term deposits [6].

Core Insights - The continuous decline in bank deposit interest rates in China has led to a significant increase in residents' savings, with new deposits reaching 11.09 trillion yuan from January to July this year [1][3] Group 1: Deposit Trends - The three-year deposit interest rate has fallen below 3%, marking the beginning of a "two-digit" era for domestic bank deposits [1] - Despite low interest rates, the demand for savings remains strong as residents view savings as a crucial buffer against uncertainties such as unemployment and unexpected medical expenses [3] Group 2: Investment Strategies - Residents are advised to pay attention to liquidity when choosing deposit terms, as locking funds in long-term deposits can lead to significant interest losses if early withdrawal is necessary [5] - A suggested strategy is to divide savings into three parts, investing in one-year, two-year, and three-year fixed deposits to ensure annual liquidity while maximizing interest [5] Group 3: Risk Management - It is recommended that depositors avoid concentrating all funds in a single bank, especially smaller banks that may offer higher rates but carry bankruptcy risks [7] - Depositors should diversify their savings across multiple banks, ensuring that no single bank holds more than 500,000 yuan to protect against potential losses [7] Group 4: Awareness of Financial Products - Caution is advised against purchasing high-risk financial products that may be misrepresented as innovative deposit options by bank staff [9] - Depositors should personally verify the nature of the products they are purchasing to avoid misunderstandings and potential financial losses [9] Group 5: Maximizing Returns - In addition to the above strategies, depositors should actively seek out opportunities for higher returns through large-denomination certificates of deposit or government bonds, which typically offer better rates than standard fixed deposits [10]

Core Insights - The article discusses the advantages and disadvantages of different bank deposit terms, specifically comparing one-year and three-year fixed deposits, emphasizing the importance of understanding personal financial needs before making a decision [1][2]. Interest Rate Comparison - Three-year deposits offer higher interest rates compared to one-year deposits, with an example showing that a three-year deposit at 2.5% yields 7,500 CNY in interest over three years, while a one-year deposit at 1.5% yields only 1,500 CNY in one year [3][6]. Liquidity Concerns - A significant drawback of three-year deposits is the lack of liquidity; if funds are needed before the term ends, the interest earned will be calculated at the much lower current account rate of approximately 0.3%, leading to substantial losses in expected interest [5][7]. Future Interest Rate Considerations - One-year deposits allow for flexibility to reinvest at potentially higher rates after one year, while three-year deposits lock in the rate for the entire term, which could be disadvantageous if market rates increase [9]. Recommendations for Deposit Choices - For funds that will not be needed for three years, a three-year deposit is advisable to maximize interest earnings [11]. - For funds that may be needed within a year, a one-year deposit or a more liquid option like a money market fund is recommended to maintain flexibility [11]. - For uncertain timelines, a "laddering" strategy is suggested, where funds are divided into different term deposits to balance interest earnings and liquidity [13][15]. Additional Options - Companies should consider large denomination time deposits for higher interest rates and more flexible withdrawal options, as well as money market funds for easily accessible funds with better returns than regular savings accounts [17].

Core Viewpoint - Recent adjustments by banks to their deposit products, including the cancellation of long-term fixed deposits, reflect a trend towards optimizing liability structures and reducing funding costs amid ongoing pressure on net interest margins [1][3][4]. Group 1: Changes in Deposit Products - Some small and medium-sized banks have begun to adjust the issuance scale of three-year and five-year fixed deposits, with some banks even canceling five-year fixed deposit products entirely [1][2]. - For instance, the Inner Mongolia Tuyuqi Mengyin Village Bank announced the cancellation of its five-year fixed deposit product, which previously had an interest rate of 1.9%, lower than its three-year deposit rate [1]. - Other banks, such as Hubei Jingmen Rural Commercial Bank, have also reduced their fixed deposit rates and removed five-year options from their product offerings [1]. Group 2: Market Trends and Implications - The adjustments in deposit products are primarily seen in small and medium-sized banks, while large state-owned and joint-stock banks continue to offer five-year fixed deposits [2]. - The yield advantage of medium- to long-term deposit products is diminishing due to multiple rate adjustments, leading to a shift in banks' strategies [2][3]. - Experts suggest that reducing the proportion of high-cost long-term deposits and increasing short-term deposits or diversifying funding sources is crucial for banks to optimize their liability structures [3]. Group 3: Future Outlook - Industry experts predict that more banks may adopt similar measures to phase out high-cost deposit products in response to interest margin pressures and policy guidance [4]. - The People's Bank of China plans to enhance its interest rate adjustment framework to lower banks' funding costs and promote a decrease in overall financing costs in society [5]. - It is anticipated that deposit rates, particularly for medium- to long-term products, will likely decline further, prompting banks to focus on both increasing non-interest income and managing their asset and liability sides effectively [5].