ICBC Resumes Five-Year Jumbo CDs with Rates from 1.55% and RMB 200,000 Minimum
ICBC has resumed issuing five-year large-denomination certificates of deposit (CDs), with a minimum subscription of RMB 200,000. The first and second tranches of 2026 offer annual interest rates of 1.6% and 1.55%, respectively. Other major state-owned banks, including Bank of China, Agricultural Bank of China and China Construction Bank, had resumed five-year CDs since July 2026. ICBC's branch counters currently sell only one-year CDs because of differences between online and offline quota allocations.
- Effective
- 0
- Intensity
- 35
- Confidence
- 75%
- Horizon
- Short term