China deposit rate reform to have limited impact - industry body

StreetInsider2021-06-21

BEIJING (Reuters) - China's reforms to the way banks calculate deposit rates will have only a limited impact on financial institutions and depositors, and banks do not need to sharply adjust deposit ...

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Comments

  • Jiaqi25
    2021-06-21
    Jiaqi25
    Nice info
  • IsaacYap90
    2021-06-21
    IsaacYap90
    The body said the previous practice of multiplying the benchmark rate helped push up long-term rates and led to competition among banks to lure deposits by raising rates or unveiling innovative
  • IsaacYap90
    2021-06-21
    IsaacYap90
    The body said the previous practice of multiplying the benchmark rate helped push up long-term rates and led to competition among banks to lure deposits by raising rates or unveiling innovative
  • IsaacYap90
    2021-06-21
    IsaacYap90
    The body said the previous practice of multiplying the benchmark rate helped push up long-term rates and led to competition among banks to lure deposits by raising rates or unveiling innovative
  • IsaacYap90
    2021-06-21
    IsaacYap90
    The body said the previous practice of multiplying the benchmark rate helped push up long-term rates and led to competition among banks to lure deposits by raising rates or unveiling innovative products.
  • RICHYUYU
    2021-06-21
    RICHYUYU
    [Smile] 
    • IsaacYap90: 


      The body said the previous practice of multiplying the benchmark rate helped push up long-term rates and led to competition among banks to lure deposits by raising rates or unveiling innovative
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