Experts see room for more lending rate cuts
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Lower deposit rates help reduce cost of funds for banks, push LPR reform.
time:
2022-09-22 08:00:00
views:
41986
Long-term deposits see lower interest
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The inversion of medium and long-term deposit rates has revealed banks' wish to reduce the cost of liabilities.
time:
2022-08-03 13:55:27
views:
58974
PBOC steps up support for real economy
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Under the mechanism, banks are encouraged to adjust their deposit rates based on interest rates in the bond and lending markets