The “spring breeze” against “internal rolling” competition has finally blew into the banking industry. Recently, the Guangdong Banking Association held a special working meeting on anti-“ internal roll” competition by the head unit of the professional committee to deploy comprehensive control work on “internal roll” competition. Ping An Bank Guangzhou Branch has taken the lead in responding to anti-“ internal roll” competition initiatives. According to analysis by industry insiders, at present, “internal rolling” competition in the banking industry is mainly reflected in the asymmetrical decline in interest rates on deposits and loans and the continuous narrowing of net interest spreads; competition in the banking market is becoming more intense, and the price war is gradually heating up; the economic effect of large-scale loans is weakening, and the growth rate of net income is slowing down. Many industry insiders expect that in the future, more regional banking industries may join the anti-“ internal roll” competition.

The “spring breeze” against “internal rolling” competition has finally blew into the banking industry. Recently, the Guangdong Banking Association held a special working meeting on anti-“ internal roll” competition by the head unit of the professional committee to deploy comprehensive control work on “internal roll” competition. Ping An Bank Guangzhou Branch has taken the lead in responding to anti-“ internal roll” competition initiatives. According to analysis by industry insiders, at present, “internal rolling” competition in the banking industry is mainly reflected in the asymmetrical decline in interest rates on deposits and loans and the continuous narrowing of net interest spreads; competition in the banking market is becoming more intense, and the price war is gradually heating up; the economic effect of large-scale loans is weakening, and the growth rate of net income is slowing down. Many industry insiders expect that in the future, more regional banking industries may join the anti-“ internal roll” competition.