Why is it that the interest rate of the bank is getting lower and lower now?

Now the interest rate of the bank is getting lower and lower, on the one hand, because they want to promote consumption, if the interest rate is low, many people do not want to deposit, and they will be generous when they spend money, on the other hand, there are many wealth management products in the bank, and they will make more profits. The low interest rate makes perfect sense.

The interest rate on the loan should be the same as the deposit, so that there is liquidity. Your bank is always trying to make money.

Summary. Hello, it is a pleasure to serve you and answer your questions; Bank interest rates are getting lower and lower, mainly due to the following reasons: First, the impact of the country's macroeconomic control policies.

With the implementation of the country's macroeconomic control policy, bank interest rates have also been affected, resulting in lower and lower bank interest rates. The second is the impact of market competition. With the intensification of market competition, banks have to lower their interest rates in order to attract customers, which makes bank interest rates lower and lower.

The third is the impact of monetary policy. With the implementation of monetary policy, bank interest rates have also been affected, resulting in lower and lower bank interest rates. Fourth, the impact of capital supply.

As the supply of funds increases, bank interest rates are also affected, resulting in lower and lower bank interest rates.

Hello, it is a pleasure to serve you and answer your questions; Bank interest rates are getting lower and lower, mainly due to the following reasons: First, the impact of the country's macroeconomic control policies. With the implementation of the country's macroeconomic control policy, bank interest rates have also been affected, resulting in lower and lower bank interest rates.

The second is the impact of market competition. With the intensification of market competition, banks have to lower their interest rates in order to attract customers, which makes bank interest rates lower and lower. The third is the impact of monetary policy.

With the implementation of monetary policy, bank interest rates have also been affected, resulting in lower and lower bank interest rates. Fourth, the impact of capital supply. As the supply of funds increases, bank interest rates are also affected, resulting in lower bank interest rates.

Extended Information; Interest refers to the remuneration received by the owner of the fund for lending the funds, which comes from the profits generated by the producer Souqiao using the funds to perform its operating functions. Interest is one of the manifestations of the time value of money, and in its form, it is the remuneration that the owner of the money receives from the borrower for issuing the money money.

Will interest rates in China get lower and lower in the future? Into the era of low interest rates?

If the economic situation improves, interest rates may rise, and if the economic situation deteriorates, the rate of hail may dry up and fall. Therefore, the future changes in China's interest rates depend on changes in the economic situation, and it is uncertain whether it will enter an era of low interest rates.

Summary. Dear, I'm glad to answer for you, bank interest rates will be lower and lower, dear, deposit interest rates are getting lower and lower, in the past two months, many banks have lowered deposit interest rates, and several nearby city commercial banks, three-year lump sum deposits and withdrawals have been reduced to, and bank interest rates will not be lower and lower.

Dear, I'm glad to answer for you, the bank interest rate will be lower and lower, dear, the deposit interest rate is getting lower and lower, in the past two months, many banks have lowered the deposit interest rate, and the commercial bank base in several nearby cities has trembled, and the three-year lump sum deposit has been reduced to, and the bank interest rate is usually getting lower and lower. The bank interest rate also represents the scarcity of funds, when the funds are relatively scarce, the bank or the interest rate will be very high, when the funds are more sufficient, the bank interest rate will be relatively low, the higher the degree of economic development, the more sufficient capital in the capital market, and the lower the bank's profit and closing rate. In the early stage of economic development, because of the shortage of funds, the interest on bank funds will be relatively high.

As the economy becomes more and more mature, the scale of funds is also getting larger and larger, and the interest rate of capital will continue to decrease.

I think it's about aligning with the big powers and connecting with the world. Secondly, it may be because of the slowdown in economic growth, or even the rescue of **. Let more money go to **, not the bank.

In addition, with the changes in the domestic economic development environment, the bank's capital has been tightening, and the central bank has also adopted a series of policy measures to regulate the balance sheet of the bank in order to control the amount of money and control financial risks, which is also the main reason why the bank has lowered the fixed interest rate. Below I will analyze the reasons in detail in several aspects:

1. Monetary policy tightening.

Monetary policy refers to the state's regulation and control of money supply and money circulation. The central bank controls the amount of money by adjusting interest rates, reserve ratios, and releasing money. Recently, the central bank has raised the funding rate and lowered the credit reserve ratio for capital financial instruments, which has led to an increase in the cost of funds for banks.

In order to reduce costs, banks must lower interest rates to stay close to the market and meet customer needs, and at the same time, promote the development of loans, savings and other businesses.

Second, economic growth has slowed down.

Slowing economic growth is another reason why banks are lowering interest rates. With the slowdown of the domestic economy, banks have encountered some difficulties in the process of operation, such as the slowdown in deposit growth and the increase in loan risk. In order to avoid loan risks, banks hope to increase their income by lowering interest rates to attract more lending business.

At the same time, banks are also looking to encourage customers to save more by lowering interest rates to increase the amount of deposits.

3. Market competition.

Competition among banks is also an important reason for the dilemma of lowering interest rates. With the continuous development of the domestic banking industry, the competition in the market is becoming more and more fierce. In order to increase market share and attract more customers, banks have had to lower interest rates.

Fourth, the RMB exchange rate.

The renminbi exchange rate is also a factor in the bank's interest rate cut. In recent years, the instability of the RMB exchange rate has led to an increase in the risk of banks in the foreign exchange market, and in order to prevent foreign exchange risks, banks hope to increase their foreign exchange reserves by lowering interest rates to attract more deposits to cope with exchange rate risks.

In summary, the main reasons for banks to lower their fixed interest rates are related to monetary policy tightening, slowing economic growth, market competition, and the instability of the RMB exchange rate. While adjusting interest rates, banks should also take into account factors such as financial stability and financial risks, so as to give better play to their role in supporting economic development.

This is a normal trend, as it was not normal before. If it is not a market-oriented policy, the market economy should not be a policy to regulate interest rates.

The interest rate is too low for you to save money, but it will be too high for people who buy a house with a mortgage. When people can't afford to buy a house, it is of course recommended to lower the interest rate or discount.

When interest rates fall, many people will not keep their money in the bank but buy **or**, so the money is lent to ** and bond companies, this is to promote the economy, if everyone keeps money in the bank, the interest rate is also high when companies borrow money from the bank, only the bank makes money, and we only get a fairly small part of the interest, for **, economic growth will be slow.

Further information: A general interest rate is an interest rate that does not take advantage of any preferential conditions. Preferential interest rates refer to preferential interest rate policies formulated for certain departments, industries and individuals.

According to the different requirements of the banking business, it is divided into deposit interest rate and loan interest rate. The deposit interest rate is the ratio of the interest earned on deposits with financial institutions to the principal. The loan interest rate is the ratio of the interest paid on a loan from a financial institution to the principal.

According to the supply and demand relationship with the market interest rate, it is divided into fixed interest rate and floating interest rate; According to the change relationship between interest rates, it is divided into benchmark interest rate and arbitrage interest rate; The benchmark interest rate is the interest rate that plays a decisive role under the condition of the coexistence of multiple interest rates, and China is the interest rate of the People's Bank of China on commercial bank loans. Lump sum deposit is a common method adopted by ordinary residents, taking the calculation of the interest rate of lump sum deposit as an example. The balance of the lump sum deposit is increasing day by day, so we cannot simply use the method of calculating the interest of the lump sum deposit, but can only use the simple interest annuity method to calculate, the formula is as follows:

sn =a(1+r)+a(1+2r)+?a(1+nr)=na+1/2 n(n+1)ar

Among them, A represents the principal deposited in each period, and Sn is the sum of principal and interest after N periods, and Sn can also be called the final value of simple interest annuity. In the above equation, na is the total amount of principal saved, and 1 2 n(n ten1)ar is the total amount of interest earned.