After “515,” banks continued to reduce “high-interest” public agreement deposits. Minsheng Bank recently adjusted three types of products, and more banks may follow suit

① On May 22, Minsheng Bank posted an article on its official website stating that the bank will adjust RMB unit agreement deposits, RMB liquid profit products, and smart notification deposits. ② Since late April, a number of banks have continued to lower interest rates on Chinese unit agreement deposits to 1.15%. ③ A number of banks have lowered interest rates on unit agreements, which is closely related to the requirements of the regulatory authorities. I believe more banks will follow suit in the future.

cls.cnMay 23 00:01

ICBC AXA Life welcomes new coach Wang Dufu as chairman. How can we solve the problem that it is still difficult to make a profit by relying on “big trees”?

① In the first quarter, ICBC AXA achieved net profit of 28 million yuan, a year-on-year decrease of 90%; ② In addition to the president, ICBC Life Insurance's new senior management level is basically in place; ③ it will take time for the industry to mitigate stock risks and cultivate new business models.

cls.cnMay 22 06:12

The chairman and president of Societe Generale Consumer Finance were in place at the same time. Like the previous one, they all came from the parent bank Societe Generale Bank. Executives of at least 8 consumer finance companies changed during the year

① Societe Generale Consumer Finance announced changes in the legal representative and president of the company. This is also the first time that it has changed its chairman since its establishment in 2014; ② Societe Generale Consumer Finance's first chairman Zheng Haiqing and CEO Lin Chun all came from Societe Generale Bank. Chairman Dai Xuxian and CEO Liu Qinghua continue this tradition; ③ In the first half of this year, at least 8 consumer finance companies experienced executive changes, 7 of which were banking companies.

cls.cnMay 22 03:06

China Ping An's two shareholding plans have re-entered the “buy buy buy” market. The participation capital was reduced by 1 billion dollars compared to previous years, and it is clear that it will buy H shares for the first time

① China Ping An's two shareholding plans have once again entered the market to buy shares. The annual core personnel shareholding plan has already bought more than 157 million yuan, and has now made a profit. ② According to the reporter's statistics, the total amount of share purchase capital participating in the two major plans of Ping An of China during the year decreased by more than 1 billion dollars compared to 2023, which is less than the amount of participation in 2022. ③ However, unlike previous years, which mainly bought shares in the A-share market, Ping An of China plans to buy shares in the H share market this year.

cls.cnMay 21 19:41

Can banks actually benefit from the “four arrows going hand in hand” in real estate finance? Industry: Both people, real estate, and money are involved, and the impact on asset quality is better than pricing

Xiao Feifei, chief banking analyst at CITIC Securities, believes that in terms of current real estate finance logic, quality is more important than pricing.

cls.cnMay 20 02:54

Industrial Bank issued another 20 billion second-tier capital bonds in the second quarter, and the bank accelerated the issuance of 2 permanent bonds by more than 314.7 billion yuan

① Since the second quarter of this year, 18 banks have successively issued second-tier capital bonds and perpetual bonds (including proposed issuance), with a total issuance scale of 314.75 billion yuan; ② Since May, the yield on bank capital bonds has diverged. Experts believe that there is still room for strength under the imbalance in the supply and demand structure.

cls.cnMay 15 08:56