CCTV Finance also analyzed the scale of Yu 'ebao's gold absorption. The scale of Yu 'ebao soared by nearly 80% compared with 0.8 trillion yuan at the end of last year, and increased by nearly 300 billion yuan compared with 1. 1.4 trillion yuan at the end of the first quarter of this year.
The scale of Yu 'ebao is 1.43 trillion, which exceeds the total personal demand deposits and time deposits of China Merchants Bank at the end of 20 16, and directly surpasses the average balance of personal demand deposits of Bank of China at the end of 20 16.
The growth rate of Yu 'ebao has not slowed down. According to the current situation, they will soon surpass 2065438+2006, and the average balance of personal demand deposits in China banks is 1. 63 trillion, which is expected to happen in September this year.
The rising rate of return is one of the main reasons why Yu 'ebao absorbs funds quickly. From May 27th this year, the maximum amount of balance treasure held by individuals was adjusted to 250,000 yuan, which was also a great stimulus. At present, Yu 'ebao has become the largest monetary fund in the world, with 325 million customers by the end of 20 16.
Although Yu 'ebao is really not comparable to the deposit scale of the four major banks, it is already very powerful to reach the present height.