Several small and medium-sized banks cut the listed interest rates for long-term fixed deposits

NightAirdropper · 2026-03-10T06:43:26+00:00

Entering March, regional small and medium-sized banks in Yunnan, Shandong, Xinjiang, and other areas have successively lowered their listed deposit interest rates, mainly focusing on long-term products, with the largest decrease reaching 30 basis points. Some banks' fixed deposits have experienced "inversion." Unlike previous years when large state-owned banks led the way, this year small and medium-sized banks are the first to adjust rates more frequently.

NightAirdropper

2026-03-10 06:43:26

Abstract generation in progress

Everyday Economic News AI Express, as we enter March, a number of banks are lowering their listed deposit interest rates. According to our review, these banks are mainly regional small and medium-sized banks in Yunnan, Shandong, Xinjiang, and other areas. The adjusted deposit products include both short-term and long-term maturities, with a focus on long-term deposit products. The highest rate reduction reached 30 basis points. After adjusting the listed deposit rates, some banks’ fixed-term deposit rates have experienced “inversion.” Unlike in the past when state-owned large banks led the adjustments, small and medium-sized banks have been the first to adjust deposit rates this year, and their actions are more frequent. (Securities Daily)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.