Taka Yama
/ 178.36.189.* / 2013-08-20 12:40
Brak gotówki w bankach chińskich powoduje konieczność podnoszenia przez nie oprocentowania, wiele podniosło je ostatnio o 10%, bo spadają im depozyty.
It is reported that aside from a few banks based in Shanghai offered a higher rate on five-year fixed deposits, several small and medium-sized banks in Beijing and Guangzhou, including China Everbright Bank, Ping’An Bank, and Bank of Beijing, also raised rates on two-year, three-year, and five-year fixed deposits by 10 percent. As far as the reporter from China Securities Journal knows, none of large state-owned banks such as ICBC, ABC, POC, CCB, and BOCOM has followed suit.
At the same time, the yield of wealth management products offered by banks, which has slumped after the cash crunch in June, also starts to rise recently. According to analysts, this generosity indicates that banks still face some capital pressure. It also reflects the precaution taken by these banks, who wish to secure funds in advance and to better manage liquidity risks. Data from the People’s Bank of China shows that yuan deposits reduced 257.3 billion yuan in July.