According to the latest statistics of the People's Bank of China, deposits fell sharply in April, and this reduction is still not small, a decrease of nearly 4 trillion yuan. If compared with the same period last year, the same period this year has probably decreased by 130 million yuan.
Many people wonder why the total amount of deposits has decreased so much? Experts explained that the seasonal factors of residents have a greater impact, but it is difficult to convince everyone of such a large deposit withdrawal amount in April.
It is estimated that the main reason is that customers believe that the interest rate of deposits is low, and transfer the deposit funds to the bank's wealth management and asset management products with higher interest rates. There are also some mortgage customers who repay their loans early, and this is also true. This is because household loans also decreased more in April. Not only did they not buy more houses, but they repaid more in cash. In this way, the decline in deposits has become an inevitable trend.
As for the so-called seasonal factors, according to statistical analysis, most of the enterprises and households withdrew their deposits in April. The interesting way to say it has been going on for more than 4 years. It seems that April is indeed a day to spend money, not a day to save money.