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ICBC To Lower RMB Deposit Rates Starting Today
ICBC (01398.HK)(601398.SH) announced that it will lower the RMB deposit rates, starting today (20th).The interest rate for demand deposits will be reduced by 5 bps to 0.05%. The fi...
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ICBC To Lower RMB Deposit Rates Starting Today
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ICBC (01398.HK)  +0.010 (+0.178%)    Short selling $135.68M; Ratio 27.388%   (601398.SH)  0.000 (0.000%)   announced that it will lower the RMB deposit rates, starting today (20th).

The interest rate for demand deposits will be reduced by 5 bps to 0.05%. The fixed deposit rates for three-month, six-month, one-year, and two-year terms will all be reduced by 15 bps, to 0.65%, 0.85%, 0.95%, and 1.05%, respectively. The three-year and five-year terms will both be reduced by 25 bps, to 1.25% and 1.3%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 12:25.) (A Shares quote is delayed for at least 15 mins.)

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