Banks Cut Interest Rates on Renminbi Deposits

HANGZHOU, CHINA - OCTOBER 18, 2024 - Photo taken on Oct 18, 2024 shows Chinese yuan in Hangzhou city, Zhejiang province, China. On the same day, the Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China and other six state-owned banks issued an announcement, starting from October 18, to reduce the listed interest rate of RMB deposits.

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• ILEA003461107

• Registered date
• 2024/10/18 00:00:00

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