How should we choose a bank to deposit money after the deposit interest rate is liberalized?

After the deposit interest rate is liberalized, everyone should choose a bank with a high deposit interest rate to save money.

The influence of marketization of deposit interest rate;

1. After the deposit interest rate is fully liberalized, it will bring unprecedented impact to banks. Not only will the upper limit of deposit interest rate be released soon, but the deposit insurance system will be introduced soon, which means that it will be difficult for the banking industry, especially small and medium-sized banks, to rely on the traditional deposit-loan difference as a high-profit model, and the era of "lying down to make money" will never return.

2. Judging from the consequences of deregulation of deposit interest rates in many countries, the competition among banks will be more intense, and even some big banks will compete to raise deposit interest rates and lower loan interest rates, resulting in the phenomenon that deposit and loan interest rates are upside down; Small banks are difficult to cope with because of their weak capital strength, or they are swallowed up by big banks or go bankrupt.

3. The happy life of China's banking industry, which has been under the control of deposit interest rate for a long time, will face the new challenge of sharp increase in the fluctuation of deposit interest rate. How to grasp the market law of interest rate changes and resolve the new risk of narrowing the spread between deposits and loans that may be brought about by the marketization of deposit interest rates will be an arduous challenge in the future.