WeBank: plans to lower the Interest Rate on fixed deposits of 2 years and above at the end of August.

On August 14th, Jin10 Data reported that WeBank announced the adjustment of Intrerest Rates for its deposit products through the bank's APP. The bank plans to lower the Intrerest Rates of 2-year, 3-year, and 5-year fixed-term deposits (including stakeable certificates of deposit and large amount deposits) by the end of August 2024, subject to the actual adjustment of the Intrerest Rates.

APP1.65%
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