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Reasons for the weak growth of ICBC deposits
The bank's own interest rate fell, and third-party financial institutions appeared.

First, the banks themselves. Now, because the deposit interest rate has dropped, many people would rather buy a wealth management fund than deposit it. Second, the emergence of third-party financial instruments, because of its great convenience and higher interest rate than banks, attracted many people to save money, resulting in a large number of funds transferred from banks to third-party financial institutions.