Reducing deposit interest rates has become one of the choices of some small and medium -sized bank insurance margins.
Recently, many agricultural commercial banks in Guangxi, Jilin and other places have lowered deposit interest rates, and some product interest rates have decreased by up to 70 basis points (BP).
Experts pointed out that this decline is mainly to follow up with the decline in deposit interest rates in December last year, and it is also a choice of the insurance biology difference between agricultural and commercial behavior.In the future, there is still a downlink space for deposit interest rates, and the net interest margin will still be under pressure.
The interest rate of the agricultural and commercial bank reduction
Five-year regular deposit interest rate drops from 3.85%to3.20%!
Near the end of February, the "opening of the door" has not yet ended. When many banks are still working hard to promote the products, many agricultural commercial banks in Guangxi, Jilin and other places have opened the deposit interest rate reduction model.
According to preliminary statistics from the International Financial News, from February 19th to 22nd, at least 18 rural commercial banks issued a notice of adjusting the listing interest rate of RMB deposits, and the overall reduction was loweredThe range is between 10 and 70 basis points, and the long -lasting product has a larger scale.Among them, the number of banks with interest rates in Guangxi is large, and the number of banks is reduced.
For example, the announcement issued by Liuzhou Bank previously showed that starting on February 21, the banks Liuyin Fixed deposit No. 1, Liuyin Story No. 2 and individual large deposit orders performed the enforcement interest rateComplete adjustment.Among them, the five -year regular deposit interest rate was reduced from 3.80%to 60 basis points to 3.20%, and the personal large -scale deposit interest rate of the individual deposit period was reduced from 3.95%to 3.25%, which reduced 70 basis points.
Lingchuan Shentong Village Bank has also lowered the interest rate of more than two years of deposit, and the five -year deposit interest rate dropped from 3.85%to 3.2%.
In addition, after a month, Guilin Bank implements the second round of interest rates since this year.%To 3.35%to 3.20%, a decrease of 70 basis points.
Guangxi Liucheng Rural Commercial Bank, Luzhai Agricultural Commercial Bank, Jilin Luohe Rural Commercial Bank, Huadian Agricultural Bank of China, etc. also comprehensively reduced the interest rates of various deposit products.
"This is the follow -up of the deposit interest rate at the end of last year." In this regard, Wang Yifeng, chief banking analyst of Everbright Bank, bluntly said.
In the view of Li Nan, an associate professor of the School of Senior Financial, Shanghai Jiaotong University, this time the agricultural and commercial banks densely adjusted deposit interest rateFor market reasons.
"On the one hand, the current deposit business of various banks is not pressured. Because the stock market and wealth management are in the stage of confidence recovery, bank deposits have become the first choice for residents. ThereforeExtraction can also obtain deposits. "Li Nan analyzed," On the other hand, commercial banks generally face asset shortages. Due to insufficient loan demand for high -quality customers and the competition of banking industry, the loan interest rate has continued to decline, causing the interest loan interest to shrink before the difference.When the loan interest rate is difficult to rise, reducing deposit interest rates has become one of the choices for some small and medium -sized bank insurance margins."2GMBDDC2"> "XX Banks deposit exceeded 100 billion yuan!"
"The net increase in deposits exceeds the door to complete the opening of the door!"
The WeChat public platform retrieved with keywords such as "banks" and "hi news", and found that similar tweets have been dense in the past two months.The "Financial Statistics Data Report 2023" released by the Peoples Bank of China shows that in the case of three rounds of deposit interest rates last year, RMB deposits still increased by 25.74 trillion yuan throughout the year.The balance of RMB deposits was 2.84.26 trillion yuan, an increase of 10%year -on -year.
"From the perspective of the previous understanding, this year many commercial banks have a better growth of deposits, and many customers of customers say that this years deposit task is not difficult." Li Nan Li NanTell reporters, "Therefore, the possibility of the deposit interest rate will continue to be reduced. Personally, before the first half of the year, most commercial banks will have a new round of deposit interest rate reduction after this year."
In the process of visiting outlets, many first -line bank customer managers also expressed similar views to reporters.
"LPR (LPR (loan market quotation interest rate) adjustment a few days ago, and the deposit interest rate will definitely continue to be reduced afterwards.". "
With multiple rounds of deposit and loan interest rates, the net interest margin of commercial banks is still under pressure.On February 21, the main regulatory indicators of commercial banks issued by the State Administration of Finance and Administration in the fourth quarter of 2023 showed that as of the end of the fourth quarter of last year, the net interest difference between commercial banks continued to narrow to 1.69%and fell below the 1.7%mark for the first time.
Wang Yifeng pointed out that the main reason may be affected by the reduction of the stock mortgage rate.On the one hand, the impact of stock mortgage rates began to appear in the fourth quarter of last year. The proportion of state -owned banks and joint stock bank mortgages was high, and the impact may be relatively large.On the other hand, the decline in new loan interest rates is much higher than the decrease in LPR. The interest rate of some stock loans is still at a high level, and the rolling redemption will also have a certain impact on the interest margin.In addition, in the process of urban investment, the banking system may face a concentrated interest rate cut period arrangement.
In 2024, will the net interest difference between commercial banks be improved?
"The continuous narrowing of net interest rate differences is the general trend of the past three years, and this years net interest difference pressure is still the same." Li Nan bluntly said.As for whether the net interest difference can increase, on the one hand, it depends on whether the deposit interest rate continues to decline.On the other hand, although the "asset shortage" situation has not changed completely this year, it still needs to pay attention to changes in relevant measures at all levels and the demand for market loans.
"For this year, because the alternatives of bank deposits such as stock markets and wealth management are at a trough of confidence, bank deposits have become almost the only choice for residents.. Therefore, the possibility of continued decline in deposit interest rates is very high, and many banks also hope to increase interest margins by reducing deposit interest rates. "Li Nan further analyzed," From the perspective of the general trend, China will open economic recovery in 2024, and loan demand will be on loan demand.It will increase and help the recovery of loan interest rates, but the economic conditions in various regions are different, and the differences in economic recovery are relatively large. "
