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News Wire / economy

Large-Denomination CDs Gain Traction Amid Low Rates

CNR Economic Voice Beijing 10d10d Impact 6
Small and medium-sized banks in China are reintroducing large-denomination certificate of deposit products. Current offerings are primarily focused on one-year terms or shorter, while three-year products have decreased and five-year products have largely disappeared.

Topics

banking finance interest rates

Developing

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Sources · 7 independent

CNR Economic Voice

“而今年以来,重现江湖的大额存单产品却出现了新的特点。我们整理了一下中小银行推出的大额存单产品。从七线上看,一年期及以内是绝对的主力。三年期产品减少,五年期产品基本绝迹。”

CNR Economic Voice

“Large certificate of deposit products from small and medium-sized banks are reappearing with new characteristics, with one-year terms being the main focus.”

CNR Economic Voice

“大银行大额存单再次热起来,说明低利率时代的资金正在寻找新的出口。银行在寻找低成本稳定负债,存户在寻找确定性。”

CRI News Radio

“小型银行重新推出大额定期存单产品。”

CNR Economic Voice

“Large bank large-amount certificates of deposit are heating up again, indicating that funds in the low-interest-rate era are looking for new outlets.”

CNR Economic Voice

“Large banks' large certificate of deposit business is heating up again, indicating that funds in the low-interest-rate era are looking for new outlets.”

CNR Economic Voice

“Large-denomination certificate of deposit products, which have resurfaced this year, have shown new characteristics. Looking at the market, one-year and shorter terms are the absolute mainstay.”

CNR Economic Voice

“Large bank large-denomination certificates of deposit are heating up again, indicating that funds in the low-interest-rate era are looking for new outlets.”

CNR Economic Voice

“大银行大额存单再次热起来,说明低利率时代的资金正在寻找新的出口。银行在寻找低成本稳定负债,存户在寻找确定性。对于普通家庭来说,现实建议也很简单。可以把大额存单纳入家庭资产配置。”

CRI News Radio

“Small Banks Reintroduce Large Certificates of Deposit Amid Low Rates”

CRI Huayu Global

“Large-denomination CDs gain traction amid low interest rates”

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