Guangfa Bank lowers deposit interest rates.

Guangfa Bank has lowered its deposit interest rates. Information on the official website of Guangfa Bank shows that the bank implemented the latest RMB deposit interest rates on May 21st. Among them, the current account interest rate has been lowered to 0.05%. As for fixed deposit accounts, the rates for three-month, six-month, one-year, two-year, three-year, and five-year terms have been respectively lowered to 0.70%, 0.95%, 1.15%, 1.20%, 1.3%, and 1.35%.