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Various CN Banks Cut USD Deposit Interest Rates to 3% Or Below: Wire
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China Securities Journal learnt from a number of bank branches in Beijing that many banks, including Bank of Jiangsu and Bank of Beijing, recently lowered their USD deposit interest rates. The USD deposit interest rates of these banks, which were at a higher level in the industry earlier, were above 4% in general, and have dropped to 3% or below after the adjustment. The adjustment involves not only a change in the interest rate level, but also an adjustment in the interest rate structure. AAStocks Financial News |
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