BOC Macau branch pushes Macau's first renminbi deposit card business

Source: Internet
Author: User
Keywords BOC RMB
Tags asset asset allocation bank of china business customers financial financial institutions noted
The Bank of China, Macao, 24th began selling to retail customers a total of 1 billion yuan deposit card, this is the Macao financial institutions launched the first renminbi deposit card business.  According to the introduction, the first phase of the bank will issue 500 million yuan deposit certificates, the year is two years and three years respectively, the annual interest rate is 2.38% and 2.58%, the minimum admission fee is 200,000 yuan. The bank noted that the introduction of a renminbi deposit card in Macau was designed to provide a broader range of renminbi asset allocation options for retail customers to enrich the portfolio of Macao's renminbi deposit products.
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