On September 15, 2022, six major state-owned banks issued an announcement to adjust the interest rates of listed deposits. 's interest rate adjustment covers the entire line from current deposits to fixed deposits, large-denomination certificates of deposit , from 3 months to 5 years, with a decrease ranging from 5 basis points to 15 basis points.
listing interest rate is the interest rate announced by banks or announced to the public in business premises. It is generally consistent with the benchmark interest rate published by the central bank .
However, the six major state-owned banks adjusted the listing interest rates this time not because the central bank adjusted the benchmark interest rate, which is also a manifestation of interest rate marketization.
execution interest rate is the actual execution interest rate of bank deposits, which is generally higher than the listed interest rate. Moreover, there may be different deposit amounts and different regions. Generally, the more deposit amounts, the higher the execution interest rate.
Take Industrial and Commercial Bank of China 1-year deposit and withdrawal as an example. The deposit is 10,000 yuan, the interest calculated based on the listed interest rate is 165 yuan, and the interest calculated based on the actual execution interest rate is 190 yuan.
On September 15, 2022, the six major state-owned banks adjusted their listing interest rates as follows.
Bank of China listed deposit interest rate
Industrial and Commercial Bank of China listed deposit interest rate
China Construction Bank listed deposit interest rate
Agricultural Bank of China listed deposit interest rate
Bank of Communications listed deposit interest rate
China Postal Savings Bank listed deposit interest rate
China Postal Savings Bank listed deposit interest rate
Actually when we deposit, it is higher than this listing interest rate. The actual execution deposit interest rate is as follows.
