ICBC Deputy General Manager Talks About Moving Deposits: The number of maturing time deposits is slightly higher than in previous years, but still within the normal range.

date
30/03/2026
On March 30th, Peng Jiawen, Vice President, Chief Financial Officer and Board Secretary of China Merchants Bank, stated at the bank's 2025 performance release conference that the so-called "deposit relocation" refers to the issue of loss of maturing time deposits in a year. Looking at the amount of maturing time deposits at China Merchants Bank, it is indeed slightly higher than the previous year and previous years, but it is not an abnormal data, it is still within a normal range.