“Starting April 1, the Bank will adjust interest rates on some mobile banking deposits. Interest rates for three-year and five-year time deposits will all be adjusted to 1.8%. Compared with the current interest rate, it has been reduced by 20 basis points.” On March 28, relevant staff of Xishang Bank told reporters. The reporter recently learned that in late March, many banks in Jiangsu, Jilin, Fujian, Sichuan and other places began a new round of “interest rate cuts,” and deposit interest rates generally fell to the beginning of “1.”

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