Six major banks collectively cut interest rates! The era of "1" for five-year deposits
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The six major banks announced a rate cut, further lowering deposit interest rates. The current deposit interest rates of Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China have been reduced from 0.2% to 0.15%, and fixed deposit interest rates have also been adjusted. This rate cut marks the fourth time within the past year that the major banks have lowered interest rates
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