Bank of Ningbo Adjusts Fixed Deposit Gold Product Rates Effective January 28, Cuts Demand Rate to 0%

Deep News01-28

Bank of Ningbo Co.,Ltd. recently announced an adjustment to the interest rates for its fixed deposit gold products, effective from Wednesday, January 28, 2026. The adjusted interest rates for the fixed deposit gold products are as follows: demand deposit 0%, 1-month 0.3%, 3-month 0.3%, 6-month 0.4%, and 12-month 0.5%.

The bank cautioned that due to recent intensified fluctuations in precious metal prices, customers should enhance their risk prevention awareness for precious metal businesses. It advised making rational investment decisions based on individual financial situations and risk tolerance, and to allocate precious metal assets appropriately from an asset allocation perspective. Customers were urged to monitor their holdings promptly, manage positions reasonably, diversify allocations, and avoid concentrating heavily in a single precious metal asset.

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