On May 20, China Merchants Bank cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the regular deposit and withdrawal three-month, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the regular deposit and withdrawal three-year and five-year periods were reduced by 25 basis points, to 1.25% and 1.3% respectively. The three terms of regular zero deposit and withdr...
On May 20, the Industrial and Commercial Bank of China cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the fixed deposit and take-up of three months, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the three-year and five-year periods were reduced by 25 basis points, respectively to 1.25% and 1.3%. The three terms of regular zero deposit and take-up, whole ...
On May 20, the Bank of China cut the RMB deposit interest rate on May 20, of which the demand interest rate was reduced by 5 basis points to 0.05%; the fixed deposit and take-up three-month, half-year, one-year and two-year periods were reduced by 15 basis points, respectively 0.65%, 0.85%, 0.95% and 1.05%; the three-year and five-year periods were reduced by 25 basis points, respectively to 1.25% and 1.3%. The three terms of regular zero deposit and take-up, whole deposit and take-up, and depos...