The reporter learned from a major state-owned bank that the bank has already held a conference on deposit interest rate cuts. “The specific reduction has already been determined. It may be slightly higher than expected, and it will soon be implemented.” Another major state-owned banker also told reporters, “Deposit interest rates are about to be lowered; we have received the notice.” The last round of deposit interest rate cuts was on July 25 of this year. According to the official websites of the four major banks, the current listing interest rates for 1-year, 2-year, 3-year, and 5-year full deposit deposits are 1.35%, 1.45%, 1.75%, and 1.80%, respectively.

The reporter learned from a major state-owned bank that the bank has already held a conference on deposit interest rate cuts. “The specific reduction has already been determined. It may be slightly higher than expected, and it will soon be implemented.” Another major state-owned banker also told reporters, “Deposit interest rates are about to be lowered; we have received the notice.” The last round of deposit interest rate cuts was on July 25 of this year. According to the official websites of the four major banks, the current listing interest rates for 1-year, 2-year, 3-year, and 5-year full deposit deposits are 1.35%, 1.45%, 1.75%, and 1.80%, respectively.