Since July, it has been brought back into the public eye by the five-year large deposit slips that have been “shrouded in high court” by most banks. The reporter combed through and found that at present, the four major state-owned banks of China, agriculture, industry, and construction, as well as some stock banks, have listed five-year large deposit slips, and some product credits have even been sold out. Industry insiders pointed out that the return of long-term large deposit certificates to the market is closely related to banks themselves optimizing debt structures, preventing loss of deposits, and coping with changes in market liquidity. In terms of specific interest rates and thresholds, the starting deposit amount for the five year large deposit cards of the four major banks is currently 200,000 yuan, and the maximum execution annualized interest rate is 1.6%. Compared to time deposits, large deposit cards have the characteristics of a high starting deposit amount and relatively high interest rates. At the same time, some products support transfers, which can improve capital liquidity to a certain extent, and once became a “powerful tool” for commercial banks. However, in recent years, banks' net interest spreads have come under pressure, and most banks have taken the initiative to reduce high-cost liabilities. Due to the high cost of capital, the scale of issuance of three-year and five-year large deposit certificates has continued to shrink, and it was once difficult to find a trace of five-year products. Industry insiders also warned that although a five-year large deposit certificate can lock in profits for a longer period of time, investors still need to consider liquidity requirements.

Since July, it has been brought back into the public eye by the five-year large deposit slips that have been “shrouded in high court” by most banks. The reporter combed through and found that at present, the four major state-owned banks of China, agriculture, industry, and construction, as well as some stock banks, have listed five-year large deposit slips, and some product credits have even been sold out. Industry insiders pointed out that the return of long-term large deposit certificates to the market is closely related to banks themselves optimizing debt structures, preventing loss of deposits, and coping with changes in market liquidity. In terms of specific interest rates and thresholds, the starting deposit amount for the five year large deposit cards of the four major banks is currently 200,000 yuan, and the maximum execution annualized interest rate is 1.6%. Compared to time deposits, large deposit cards have the characteristics of a high starting deposit amount and relatively high interest rates. At the same time, some products support transfers, which can improve capital liquidity to a certain extent, and once became a “powerful tool” for commercial banks. However, in recent years, banks' net interest spreads have come under pressure, and most banks have taken the initiative to reduce high-cost liabilities. Due to the high cost of capital, the scale of issuance of three-year and five-year large deposit certificates has continued to shrink, and it was once difficult to find a trace of five-year products. Industry insiders also warned that although a five-year large deposit certificate can lock in profits for a longer period of time, investors still need to consider liquidity requirements.