Foreign-funded banks have also dropped to the "3-digit" level, and the "high ground" of USD deposits Interest Rate is disappearing

Jinshi Data News on March 2nd, following the frequent interest rate cuts by city commercial banks, many foreign banks such as Standard Chartered Bank, DBS Bank, HSBC, and Everbright Bank have also started to gradually lower the USD deposit Interest Rate, with the highest annual Interest Rate falling to below 3.5%. The last "interest rate highland" for USD deposits on the mainland is disappearing.