Lates News

In the afternoon of September 13th, the Shandong branch of Bank of Communications posted an article on its official WeChat public account recommending large-sum deposits, which attracted market attention. This morning, reporters found that in the past week, nearly ten banks including Bank of Communications, Postal Savings Bank, and Dalian Bank have issued announcements for the issuance of large-sum deposits, with the highest annual interest rate approaching 2%. "Generally speaking, by the end of each quarter, it is the time when some regulatory indicators are used to assess banks based on point-in-time data," a person from a listed bank told reporters, suggesting that the intensive issuance of large-sum deposits by many banks in September may be related to this factor.