Small and medium-sized banks initiate a new round of deposit listing interest rate adjustments

Following the “Good Start” closing, several small and medium-sized banks have recently begun a new round of adjustments to their deposit listing interest rates. Jilin Bank, Xiamen Bank, Fujian Haixia Bank, and others announced recently that they are lowering the listing interest rates for certain term deposits. Previously, the bank deposit listing interest rates had already undergone multiple rounds of reductions. Analysts say that with the end of the “Good Start” phase at the beginning of the year, combined with the continued pressure on net interest margins, banks are entering a period of concentrated control over liability costs. The adjustment of deposit listing interest rates is expected to continue, generally showing a trend of gradual decline, stabilization, and structural differentiation. In a low-interest-rate era, interviewees suggest that individual investors should adopt a diversified asset allocation approach to balance returns and risks. (Shanghai Securities News)