# PBOC
Latest news and articles about PBOC
Total: 15 articles found
China’s Deposit Rates Slide: Large CDs Fall Below 1% as Banks Trim Long-term Offers
Chinese banks have cut rates on large-denomination certificates of deposit, with many short-term offerings now below 1%. The retreat of longer-term deposit products and tighter issuance reflects central-bank easing and banks’ efforts to protect net interest margins, prompting savers to seek alternative yields and raising questions about future credit growth and financial stability.
PBOC’s First Targeted Rate Cut of 2026 Lowers Bank Funding Costs to Boost SMEs, Tech and Green Transition
The People’s Bank of China cut re‑lending and rediscount rates by 25 basis points on 19 January 2026, lowering the cost of earmarked funding for banks to encourage lending to small enterprises, technology, manufacturing upgrade and green projects. The step is a structural, targeted easing rather than a broad policy-rate cut, and signals Beijing’s preference for directed credit support while keeping overall interest-rate policy stable.
China’s Small Banks Raise Deposit Rates in Targeted Push for Funds — A Sign of Funding Strain, Not a Market Reprieve
Several Chinese small and rural banks have raised deposit rates selectively — by up to about 20 basis points — using time-limited or high-minimum products to attract funding at the start of 2026. The moves reflect year-beginning funding drives and competitive pressures on institutions with weaker deposit franchises, not a broad reversal of the downtrend in deposit pricing.