After the Spring Festival, many small and medium-sized banks have lowered their deposit rates. Experts suggest that residents should consider safety, liquidity, and returns when managing their finances.

Just after Chinese New Year, including city commercial banks, rural commercial banks, and village banks, small and medium-sized banks have successively lowered their deposit interest rates before state-owned major banks. However, even so, the interest rates for fixed-term deposits at small and medium-sized banks are still generally higher than those of state-owned major banks. It was noted by journalists that this round of adjustments mainly focused on long-term deposit products, with the highest rate reduction reaching 30 basis points. After this adjustment, some banks' fixed-term deposit products have shown an "inverted" interest rate phenomenon. "The inversion of long and short-term deposit interest rates is not a market anomaly, but a rational choice for banks to optimize their liability management," said Zeng Gang, chief expert and director of the Shanghai Finance and Development Laboratory, to Every journalist, during a cycle of declining interest rates, residents' asset management needs to consider safety, liquidity, and profitability.