At The End Of The Season, The Loan Ratio Was &Nbsp; The Bank'S Deposit And Return Point Was As High As 6 Per Thousand.

Although the central bank business Bank The end of the season has long been anticipated, but it has yet to stop its pursuit of capital.

A few days ago, the central bank acted to prevent excessive fluctuations in deposits after the festival. It explicitly asked banks to maintain a stable ratio of deposits and loans. The balance of deposits in September 30th and the balance of deposits in October 8th could not exceed 5%. Commercial banks rush to save and sell financial products to weaken the power of time deposits.

However, in September 27th the Shanghai interbank offered rate (Shibor) medium and short-term varieties rose sharply, and the pressure of funds was obvious. At the same time, some small and medium-sized commercial banks are to ensure the end of the season. Deposit and loan Compared to the assessment of the standard, on September 29th or 30, the fund even pulled up to 6%. The return point. Insiders say that at the end of the big season, households usually deposit cash, and small and medium-sized banks are also offering financial products. The end of season storage is already the inertia thinking of banking operation.

Small and medium banks return at a high price

In September 27th, Shanghai's interbank offered rate rose sharply in the medium and short term, and overnight interest rates rose nearly 100 basis points. Overnight interest rates jumped 95.92 basis points, reported 4.0550%; 7 day interest rates jumped 85.67 basis points, reported 4.6667%; 2 week interest rates rose 53.83 basis points, reported 5.0358%; 1 month interest rates fell by 17.22 basis points, and reported 5.7011%. The remaining varieties changed little.

Bank of China, a fund trader, says that usually the week before the end of the season is capital This is especially true this year. "This month, deposits grew little, and the central bank adjusted the deposit reserve scope and frozen a large number of funds. Although smooth operation has been done in the open market operation, the second batch of deposit reserve will be paid in one week after the holiday, and the funds of all banks are not enough now.

Ms. Zhang, a financial director from a well-known housing company in Shanghai, has been preparing funds for festivals for two days. According to the practice of cooperation, the company will deposit 2 hundred million of its liquidity at the end of the season, helping to expand the scale of deposits. In return, banks have been giving preferential treatment to the company's credit.

Not only for big state-owned enterprises, but for almost all banks. However, the ability of small and medium-sized banks to retain their loans is relatively weak, and some of them still can not meet the requirements of deposit size. One city commercial bank customer manager said, "the company has already completed the assessment task, and the funds to be opened in September 30th can be given to 6 points (6%). The return point was not so high in the past.

Financial sales as before

Since 2010, there has been a new way to save money. The financial products sold at the end of the season will start from the capital account to the interest rate date for a few days, and the money will be placed in the deposit account. After the expiration of financial products, they will be automatically converted into deposits. This first coincides with the demand for deposit funds at the end of the quarter.

According to the product statistics released by the silver rate network, as of September 27th, in the 0-3 month RMB financial products sold in Shanghai area, there were 99 products sold in 120 products. The cut-off date was between September 27-30 and 47 products were within 30 days.

The shortest product period is the [9.26 -1.91% share of Beijing bank, the thirty-eighth phase of "research and reporting" in the year of]2011, the 7 day SHIBOR link of the "Xin Xi" series, which guarantees the earnings of financial products and the fifteenth RMB financial products of Deyang bank in 2011, "Jing Xi No. 1". The products are closed in September 29th, and the product period is 8 days, which is just due to expire after the eleven quarter.

A financial management product manager of a joint stock commercial bank's capital operation center said that it is irregularities to raise interest rates arbitrarily, but the environment for offering financial products is more relaxed. "The regulatory authorities have also conducted standardized guidance on the high short-term deposits of the former banks, and there are not many super short term financial products within a week, but there are still many short-term products that are being sold before the festival. If other banks are doing it, no one will be willing to lag behind. "

These people said that compared with the relationship between enterprises to strike funds or high interest rates, the use of financial products to retain funds has been normalized. Especially this year, private lending is hot. Many bank deposits have gone to private lending. Under the condition of long-term negative interest rates, banks can only retain some of their funds with high-yield financial products. In fact, private financing has had an impact on the business structure of banks.