The interest rates for consumer loans at some "2"-tier banks will decrease by 10 basis points again in December, while the lowest interest rate at major banks has already dropped by 50 basis points this year.

① The consumer loan products promoted by banks with extremely low interest rates are mostly aimed at high-quality customers, so it is important for customers to pay attention to the actual interest rate level when applying, and then decide whether to borrow. ② The reduction in personal consumer loan interest rates helps to lower the costs for holders of consumer crediting, promoting demand for consumer crediting, and thus driving consumption.

cls.cnDec 9 22:21 ET

As the year-end approaches, many banks are warning about the "standard usage of credit cards" and will periodically take control measures against abnormal customers.

Since late November, more than ten banks have intensively issued reminders about the "standard use of credit cards," including several national commercial banks and many local small and medium-sized banks; on December 6, Qilu Bank issued a reminder that consumers must not rent or lend their credit cards, and it is prohibited for others to make repayments on their behalf, "irregular control will be implemented on abnormal customers."

cls.cnDec 9 00:40 ET

Hong Kong stocks movement | china life insurance (02628) rose over 3% after signing a comprehensive cooperation agreement with agricultural bank of china, approved to issue capital supplementary bonds not exceeding 35 billion.

china life insurance (02628) rose more than 3%, as of press time, up 3.47% to HKD 15.5, with a turnover of 0.555 billion Hong Kong dollars.

Zhitong FinanceDec 5 22:56 ET

AGRICULTURAL BK CH To Go Ex-Dividend On January 3rd, 2025 With 0.40012 USD Dividend Per Share

Moomoo NewsDec 5 20:35 ET

There are still "2" denominations! Many local banks are intensively issuing large-denomination certificates of deposit at the end of the year, and state-owned big banks and listed banks are also "mixed in".

① Especially since late November, about 20 local banks across the country have intensively announced the launch of large-denomination certificates of deposit. Furthermore, some annualized interest rates are still above 2%. ② Recently, some state-owned major banks have also been "quietly" promoting their own large-denomination certificate of deposit products, and listed banks are also introducing related products.

cls.cnDec 5 00:55 ET

China's Systemically Important Banks Poised to Meet Capital Requirements, Fitch Says

MT NewswiresDec 4 07:38 ET