Finance Network Financial News On September 15, six large state-owned commercial banks, Industrial and Commercial Bank of China , Construction Bank, Agricultural Bank of China, Bank of China , Bank of Communications, and Postal Savings Bank of China , announced that they would adjust the interest rate of RMB deposits from September 15, 2022.
Among them, the interest rates of 3-year fixed deposits (integrated deposits and withdrawals) were all adjusted to 2.60%, a decrease of 0.15 percentage points from the previous year. In addition to Postal Savings Bank, the interest rates of 3-month, 6-month, 1-year, 2-year, and 5-year fixed deposits (integrated deposits and withdrawals) of the five major banks were adjusted to 1.25%, 1.45%, 1.65%, 2.15%, and 2.65%, respectively. The interest rates of 6-month and 1-year fixed deposits (integrated deposits and withdrawals) of Postal Savings Bank were adjusted to 1.46% and 1.68%, both lower than before.
In addition, the annual interest rates of current deposits of the six major banks were 0.25%, down 0.05 percentage points from the previous period. In addition to Postal Savings Bank, the interest rates for zero deposits, whole deposits, zero deposits, principal and interest rates for one-year, three-year, and five-year periods of interest rates for Bank of China , ICBC , Agricultural Bank of China , CCB , and Bank of Communications were adjusted to one-year, three-year, and five-year periods of interest rates for zero deposits, whole deposits, zero deposits, principal and interest rates for one-year, three-year, and five-year periods of interest rates for 1.25%, 1.46%, and 1.46%, all lower than before.
ICBC Announcement
Construction Bank Announcement
Agricultural Bank Announcement
Bank of China Announcement
Bank of Communications Announcement
Postal Savings Bank Announcement