Spinee wrote a post · Jul 25 05:05

ICBC and ABC Lead New Round of Deposit Rate Cuts

The Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC) announced comprehensive cuts in deposit rates for one to five-year terms, effective July 25. This marks the start of a new cycle of collective rate cuts following the second interest rate cut of the year.

$BANK OF CHINA (03988.HK)$ $ABC (01288.HK)$ $ICBC (01398.HK)$ $Hang Seng Index (800000.HK)$

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