According to a journalist from Financial News, China Merchants Bank will adjust its deposit benchmark interest rates tomorrow (July 26th). After the adjustment, the interest rate for three months is 1.05%, six months is 1.25%, one year is 1.35%, two years is 1.45%, three years is 1.75%, and five years is 1.80%. Compared with before, the interest rate for fixed deposits of one year and below has been reduced by 10BP, and 2 years, 3 years, and 5 years have been reduced by 20BP.'&[Line Break]'The fixed deposit interest rate is about to be adjusted. According to the information, the execution will begin on July 26th,' the staff member said.(Finance Association)
股份行跟进！招商银行将于7月26日下调存款挂牌利率 最高降20BP
Following the joint-stock banks, cm bank will lower its deposit listed interest rates on July 26, with the maximum reduction being 20 basis points.
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