A major bank will lower the deposit Interest Rate on July 25th, and the 2-year Interest Rate will be lowered by 20BP

On July 24th, Jinshi Data learned that the savings deposit Intrerest Rate of a certain large bank will be adjusted tonight and take effect tomorrow. Among them, the current deposit rate will be reduced by 5BP; the rate for 1 year and below will be reduced by 10BP; the rate for 2 years and above will be reduced by 20BP. According to the bank's official website, the last listed Intrerest Rate adjustment was on December 22, 2023, with the current Intrerest Rate of 0.2%, three months at 1.15%, six months at 1.35%, one year at 1.45%, two years at 1.65%, three years at 1.95%, and five years at 2.0%.