Recently, bank consumer loan interest rates have fallen again and again, which has aroused widespread concern in the market. In February this year, the interest rate of the flash loan after the China Merchants Bank coupon was as low as 3%, and the annualized interest rate of the online consumer loan of IB was also lowered to a minimum of 3%. In addition, a state-owned bank has given a great discount on the interest rate of medium and long-term installment loans, with discounts as low as 1From 20% off, this means that consumers can enjoy an annualized loan interest rate as low as about 2Ultra-low interest rate of 97%.
Against the backdrop of the intensifying marketing war for bank consumer loans, banks have tried their best to attract customers, not only lowering interest rates, but also competing for market share by issuing coupons and joining groups. Against the backdrop of rising liabilities, consumer loans have become the preferred choice for banks' asset allocation. While the reduction in consumer loan rates will have little impact on banks' asset quality, we cannot ignore the underlying risks.
With the intensification of the battle on the retail side of banks, financial consumers have ushered in more choices. A bank personal loan manager revealed that since the beginning of 2023, bank consumer loans have set off a wave of strong marketing, and interest rates have dropped again and again, almost no different from the price of cabbage. If you need funds, you may wish to go to the bank for consultation, and you may be able to find a consumer loan product that suits you.
Editor: Miss Rabbit.