《大行報告》摩通:LPR利率料下調 對內銀負面影響被存款利率下調所抵銷
人行上日(13日)下調7日期逆回購利率10點子。摩根大通發表報告,預計本月貸款市場報價利率(LPR)將下降10個基點,是去年8月以來首次,料對內銀負面影響被上周存款利率下調所抵銷。因此LPR和存款利率下調對銀行盈利應只有輕微的影響。
摩通料民生銀行(01988.HK)最受惠LPR和存款利率下調,因為其銀行間負債高於銀行間資產,因此能受惠於逆回購利率下調後市場利率下降。而其定期存款比例較高,達66%,比活期存款享受更大幅度的減息。
另外,該行指,由於招商銀行(03968.HK)活期存款較多,可能會受到存款利率下調的快速傳導,帶動第三季淨息差上升。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.