Experts see room for more lending rate cuts

Lower deposit rates help reduce cost of funds for banks, push LPR reform.
time:
2022-09-22 08:00:00
views:
83445
Long-term deposits see lower interest

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:
94403
PBOC steps up support for real economy

Under the mechanism, banks are encouraged to adjust their deposit rates based on interest rates in the bond and lending markets