The Interim Measures for the Management of Personal Financial Services of Commercial Banks promulgated by CBRC defines personal financial services as "professional service activities such as financial analysis, financial planning, investment consultancy and asset management provided by commercial banks for individual customers". Personal financial services of commercial banks are divided into financial advisory services and comprehensive financial services according to different management and operation modes. What we generally call "bank wealth management products" actually refers to comprehensive wealth management services.
Three major changes in bank financing worth buying, come and see.
1. The yield of bank wealth management products declined for three consecutive months.
The data shows that the average expected annualized rate of return of wealth management products in May was 4.82%, down 0.03 percentage points from April, which was the third consecutive month since March. Among them, in May, there were 1002 guaranteed floating income wealth management products with an average expected rate of return of 4.25%, 2,549 guaranteed floating income wealth management products with an average expected rate of return of 4.32%, and 79 non-guaranteed floating income wealth management products with an average expected rate of return of 5.05%.
2. It is clearly stipulated in the new asset management regulations that after the two-year transition period, banks will no longer be able to issue capital-guaranteed wealth management products. According to the latest data, from May 2065438 to May 2008, the bank's capital-guaranteed wealth management products accounted for 30.97%, which was 2. 18 percentage points lower than that in April, showing a continuous downward trend.
3. Short-term wealth management products of banks have fallen sharply.
In addition to capital preservation wealth management products, banks' short-term wealth management products have also dropped significantly. The data shows that in May, there were 290 1 model of wealth management products within 3 months, accounting for 24.44%, which was 4.87 percentage points lower than that in April.
Further reading: Daily data broadcast of bank wealth management series index
As of June 13, the comprehensive income index of bank wealth management was 4.75%, which was 2BP lower than the last revised data, and the wealth management product index of state-owned big banks was 4.63%, down1BP; The wealth management product index of small and medium-sized banks is 4.89%, and the downward 3BP guaranteed wealth management product index is 4. 19%, downward1BP; The index of non-principal-guaranteed wealth management products was 4.8 1%, down by 2BP, the short-term wealth management products index was 4.60%, and the downward trend of 2BP, the short-term non-principal-guaranteed wealth management products index was 4.66%, down by 4BP from the previous month.