Red Star News Network, July 25 On July 25, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China lowered deposit interest rates.
According to the website of the Industrial and Commercial Bank of China, ICBC lowered the deposit rate. The interest rates on one-year, two-year, three-year and five-year RMB fixed deposits will be lowered to 1.35%, 1.45%, 1.75% and 1.8%.
According to the official website of the Agricultural Bank of China, the Agricultural Bank of China lowered the interest rate on RMB deposits on July 25, of which the interest rates for three-month, half-year and one-year fixed deposits were reduced by 10 basis points, 1.05%, 1.25% and 1.35% respectively; The two-year, three-year, and five-year rates were cut by 20 basis points to 1.45%, 1.75%, and 1.80%, respectively.
The Bank of China lowered the interest rate on RMB deposits, including 0.05 percentage points for current deposits, 0.1 percentage points for lump sum deposits and withdrawals for 1 year or less, and 0.2 percentage points for 2 years and above. The interest rates of each term of the whole deposit, the whole deposit and the interest on the principal deposit were reduced by 0.1 percentage points.
China Construction Bank lowered the interest rate on RMB deposits, including 0.05 percentage points for demand deposits, 0.1 percentage points for lump sum deposits and withdrawals of 1 year or less, and 0.2 percentage points for 2 years and above. The interest rates of each term of the whole deposit, the whole deposit and the interest on the principal deposit were reduced by 0.1 percentage points.
The Bank of Communications lowered the interest rate on RMB deposits, including 0.05 percentage points for demand deposits, 0.1 percentage points for lump sum deposits and withdrawals for 1 year or less, and 0.2 percentage points for 2 years or more. The interest rates of each term of the whole deposit, the whole deposit and the interest on the principal deposit were reduced by 0.1 percentage points.
The Postal Savings Bank of China lowered the interest rate on RMB deposits.
[Original copyright, unauthorized reproduction is strictly prohibited.] Contact number: 028-86007235】
Editor: Fang Yilin Editor: Gao Ting, Qin Feng Review: Ma Lan, Huang Jiaqi Producer: Zhao Ruoyi, Wang Shengsheng Director: Li Tianxiang