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Industrial and Commercial Bank of China cuts deposit rates

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2024-07-25 00:43:12
On July 25th, the Industrial and Commercial Bank of China lowered the interest rate of one-year, two-year, three-year and five-year RMB time deposits to 1.35%, 1.45%, 1.75% and 1.8%. (Previously 1.45%, 1.65%, 1.95% and 2.00% respectively)