Recently, major state-owned banks and a number of joint stock banks have restarted 5-year large deposit certificates, and local small and medium-sized banks are also intensively introducing new large deposit slips at the same time. Comparatively, small to medium banks have a clear advantage in large deposit interest rates, but the longest period for products is only 3 years, and overall, they are still mainly short- to medium-term products. Sorting through China Money Network data, we found that since July, more than ten local banks, including Bank of Xinjiang, Baoding Bank, Jintai Agricultural Commercial Bank, Jiaxiang Agricultural Commercial Bank, Xuzhou Agricultural Commercial Bank, Yushu Agricultural Commercial Bank, and Taishun Wenyin Village Bank, have issued announcements to issue large deposit slips for the first time in the year. The number of banks and products newly announced in July that issued large deposit certificates was significantly higher than in June.

Recently, major state-owned banks and a number of joint stock banks have restarted 5-year large deposit certificates, and local small and medium-sized banks are also intensively introducing new large deposit slips at the same time. Comparatively, small to medium banks have a clear advantage in large deposit interest rates, but the longest period for products is only 3 years, and overall, they are still mainly short- to medium-term products. Sorting through China Money Network data, we found that since July, more than ten local banks, including Bank of Xinjiang, Baoding Bank, Jintai Agricultural Commercial Bank, Jiaxiang Agricultural Commercial Bank, Xuzhou Agricultural Commercial Bank, Yushu Agricultural Commercial Bank, and Taishun Wenyin Village Bank, have issued announcements to issue large deposit slips for the first time in the year. The number of banks and products newly announced in July that issued large deposit certificates was significantly higher than in June.