多家外资银行密集上架大额存单，部分产品利率超国有大行

近期，汇丰、渣打、永丰、东亚等多家外资银行在中国市场密集推出人民币大额存单产品 1。其中，永丰银行(中国)发行的三年期个人大额存单起存门槛为20万元，年利率达1.92%，较同期限的国有大行产品高出近40个基点 1。东亚银行(中国)年内也发行了多款三年期大额存单，年利率为1.90% 1。此外，汇丰银行(中国)推出了期限从1个月到6个月不等的产品，年利率区间在0.85%至1.3%之间；渣打银行(中国)则发行覆盖1个月至1年的大额存单，对于50万元起存的6个月和1年期产品，其最高年利率可达1.2% 1。

国内股份制及民营银行也在相继发行高息大额存单，市场竞争加剧 1。数据显示，当前国有大行的三年期大额存单利率普遍维持在1.55%左右，五年期约为1.60%，而部分民营银行的三年期存单利率已达到2% 1。邮储银行研究员娄飞鹏认为，外资银行发行大额存单是为了扩大跨境结算等业务并弥补网点少的劣势 1。专家分析指出，此举主要因应人民币升值背景下居民持币意愿增加，以及外资银行网点较少需以高利率吸引存款的需求 1。

Multiple foreign-invested banks in China, including HSBC, Standard Chartered, E.Sun Bank, and The Bank of East Asia, have recently launched a wave of renminbi-denominated large-denomination certificates of deposit (CDs) with competitive interest rates 1. Notably, the three-year personal large-denomination CD from E.Sun Bank (China) offers an annual interest rate of 1.92% for a minimum deposit of 200,000 yuan, which is nearly 40 basis points higher than comparable products from major state-owned banks 1. Similarly, The Bank of East Asia (China) has issued several three-year large-denomination CDs this year at an annual interest rate of 1.90% 1. In contrast, HSBC (China) has introduced short-term products ranging from one to six months with annual interest rates between 0.85% and 1.3%, while Standard Chartered (China) offers CDs spanning one month to one year, with six-month and one-year terms requiring a minimum deposit of 500,000 yuan yielding up to 1.2% annually 1.

Lou Feipeng, a researcher at the Postal Savings Bank of China, noted that these offerings by foreign institutions are driven by strategic needs to expand cross-border settlement businesses and compensate for their limited physical branch networks compared to domestic giants 1. This trend coincides with increased willingness among residents to hold renminbi assets amid currency appreciation pressures 1. For context, three-year large-denomination CDs from major state-owned banks generally carry interest rates around 1.55%, with five-year terms averaging about 1.60% 1. Meanwhile, competition has intensified across the sector, as some private banks also offer three-year CDs with rates reaching 2%, alongside joint-stock and other domestic banks issuing similar high-interest instruments 1.