300 billion share buyback shareholding reloan "order", current trend, overall controllable risk for banks, may generate more business opportunities
①From the current policies and market trends, the gradual recovery of stock market and market confidence upwards is a high-probability event, and the overall risk of loans is still manageable. ②Although the interest rate spread of share buyback and shareholding loans is not particularly large, this business can be used to expand and maintain clients of listed companies, leading to more business opportunities. ③In practice, the main consideration may not necessarily be using purchased stocks as collateral, but more emphasis will be placed on the comprehensive credit rating of the borrower.
Today, the six major banks and others took the initiative to lower the deposit benchmark interest rates. Experts believe this shows the effective operation of the central bank's interest rate policy transmission mechanism, which will support the stability
On October 18, the major commercial banks have lowered the deposit listed interest rates, and the LPR reported on October 21 will also reflect the corresponding decrease in policy interest rates, indicating that the market-oriented interest rate control mechanism is further improved, and the interest rate transmission channels are effectively cleared. This adjustment of deposit rates by commercial banks is beneficial for reducing the bank's cost of liabilities, providing support for stabilizing net interest margins, and enhancing the sustainability of financial support for the real economy.
Trending Stocks Today: C FIN SERVICES Shoots up 78.37%
Pan Gongsheng: Choose the right time to further reduce the reserve requirement ratio by 0.25-0.5 percentage points.
Pan Gongsheng expressed that it is expected to assess the market liquidity situation by the end of the year and to further reduce the deposit reserve ratio by 0.25-0.5 percentage points at an opportune time; reducing the 7-day reverse repurchase operation rate of the open market by 0.2 percentage points.
Second time this year! Several large banks announced a 'rate cut', starting today, lowering deposit interest rates.
Maintain a stable net interest margin.
【Hong Kong Stock Connect】Cm Bank (03968) lowers deposit interest rates.
King's Financial News | cm bank (03968) official website shows that cm bank lowered the RMB deposit interest rate on October 18, with the current deposit rate lowered to 0.1%, and the rates for three-month, six-month, one-year, two-year, three-year, and five-year term deposits are 0.80%, 1.00%, 1.10%, 1.20%, 1.50%, and 1.55% respectively.
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