Teach Tip

HARBIN, December 27 (Xinhuanet Liang Dong) interview with this reporter recently learned that, with the central bank interest rate rises, residents deposit is quietly undergoing change: the hands of the funds will be split into multiple copies, and then deposited in a different period Bank’s “split deposits” means a number of savvy savers are becoming the new choice to raise savings income. 20th of the month, the PBOC announced that this year the sixth hike since: The one-year benchmark deposit interest rate from 3.87% to 4.14%; In the meantime, the first time in five years, reduce the call rate. The interest rate adjustments of the interest rate characteristics of non-symmetry, that is deposits raised by a margin greater than the loan; deposits in the short term than long-term rate increases. In … Read entire article »