The depositor walked into the bank and handed over their cash to the teller.
存款人走进银行，将现金交给出纳员。
As a depositor, you have the right to access your funds at any time.
作为存款人，你有权随时取款。
The depositor signed the deposit slip before submitting it to the bank teller.
存款人在提交给银行出纳员之前在存款单上签名。
The bank credited the depositor's account with the interest earned on their savings.
银行将存款人的储蓄利息记入他们的账户。
The depositor was shocked to find out that their savings had been frozen due to suspicious activity.
存款人发现自己的存款因可疑活动被冻结，感到震惊。
The bank insured all deposits up to a certain amount to protect
depositors' funds.
银行为不超过一定金额的存款提供保险，以保护存款人的资金安全。
The depositor withdrew a significant amount from their savings after receiving a large inheritance.
存款人在收到大笔遗产后，从储蓄中提取了一大笔钱。
The bank notified the depositor about a pending transaction that required their immediate attention.
银行通知存款人有一笔待处理交易，需要他们立即关注。
Depositors can choose between different types of accounts, such as savings, checking, or fixed-term deposits.
存款人可以选择不同的账户类型，如储蓄、支票或定期存款。
In case of default, the depositor's collateral may be seized by the bank to recover their loan.
若借款人违约，银行可能会扣押存款人的抵押品以追回贷款。
"The move is in line with related laws and set to protect the legitimate rights of depositors and other clients, according to a joint statement by the People's Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC).
Of the 20,000 urban bank depositors surveyed in 50 cities across China, 24.5 percent expressed their willingness to increase consumption in the second quarter, 1.2 percentage points higher than the previous quarter, according to the survey conducted by the People's Bank of China.
In the fourth quarter of 2022, the People's Bank of China, the central bank, conducted a survey on 20,000 depositors in 50 cities across the country.
The People's Bank of China conducted a questionnaire survey of 20,000 urban households' depositors in 50 cities across the country in the third quarter of 2022.
The document also said, for depositors who fail to pay the contributions within the stipulated time due to the impact of COVID-19, the deferment will not be submitted to the credit administration as loan delinquency on their credit reports.
It urged local authorities to raise the withdrawal quota for housing rental payments based on local conditions, and support the depositors to draw from the fund whenever they are in need.
In Haiyan, under Zhejiang province's Jiaxing city, the local provident housing fund management center has recently, using credits from the public provident fund, or PPF, launched seven types of personal credit products through data sharing and credit cooperation to provide more housing loan options for white-collar workers and depositors.
A credit limit of 545 million yuan ($75.3 million) has been granted to depositors in Haiyan, improving the convenience and housing purchasing enthusiasm for depositors both locally and from outside the county.
"We hope to roll out more innovative and service-oriented measures to better meet the demands of depositors," said Zhang Yong, deputy director of the Jiaxing Municipal Housing Provident Fund Management Center.
Under the new policy, for first-time buyers, the loan limit for depositors has been raised from 400,000 yuan to 500,000 yuan for single individuals and from 800,000 yuan to 1 million yuan for couples.
Among the 20,000 urban depositors from the 50 cities the central bank polled, some 15 percent said they expect home prices to rise in the following quarter, while some 57 percent believe there will be little change in housing prices.
Among the 20,000 urban bank depositors surveyed in 50 cities across China, 56.7 percent of respondents said they expect home prices to remain flat during the first quarter, while 15.2 percent forecast a fall, according to the survey conducted by the People's Bank of China.
Lou Feipeng, a researcher at Postal Savings Bank of China, said the reduction in deposit rates is necessary for further easing the real economy's financing costs as banks' net interest margin — the difference between the interest rate banks charge on loans and the rate they pay out to depositors — is already low and leaves limited room for lending rates to decline.
Luo Zhiheng, chief economist at Yuekai Securities, said it is also important to promote deposit rate decreases so that smaller banks can maintain a reasonable net interest margin rate — the difference between the interest rate banks charge on loans and the rate they pay out to depositors — and have more funding to absorb losses derived from nonperforming loans.
Since offering high interest rates has long been banks' primary means of attracting depositors, the continuous decrease in loan interest rates had resulted in reduced income and increased work pressure in recent years, Zhao said.
"It can alleviate the pressure on banks' interest rate spreads while avoiding excessive sacrifice of depositors' interests, thereby preventing possible new pressures to attract deposits.
The People's Bank of China, the country's central bank, said in a quarterly survey report on Monday that 58 percent of surveyed urban depositors were in favor of having more deposits in the first quarter, down 3.8 percentage points from the fourth quarter of 2022.
Up to 23.2 percent of surveyed depositors said they preferred more consumption, up 0.5 percentage points from a quarter earlier, while 18.8 percent said they were inclined to make more investments, up by 3.3 percentage points from the previous quarter.
The Income Sentiment Index, which measures depositors' current income, increased 6.9 percentage points from a quarter earlier to 50.7 percent.
"In each case of the two US banks that failed, Silicon Valley Bank and Signature Bank, and Credit Suisse, there was a lack of confidence from depositors that led to very rapid withdrawals.
That sparked a crisis of confidence, even panic, among depositors who pulled out a staggering $42 billion in a single day.
Howard Marks, co-chairman of Oaktree Capital Management, said these banks were highly concentrated in a small number of asset classes or a small number of types of depositors, and very concentrated by region.
"The potential impact of the SVB collapse is that depositors of other small and medium-sized banks in the US may withdraw their deposits in the short term, leading to bank runs, said Dong.
The long-term impact is that US depositors may lose confidence in small and medium-sized banks and transfer deposits to large banks.
"However, US regulators need to pay attention to changes in depositor sentiment and strengthen guidance for them.
The US government has taken a fast and targeted approach to handle the risks, sending a signal to depositors and investors that the government attaches great importance to stabilizing their confidence, he said.
US regulators said on Sunday that SVB depositors will have access to all their money starting Monday, and a new facility will be set up to give lenders access to emergency funds in order to shore up confidence in the banking system.
A PBOC survey report for the third quarter has shown that consumers remain cautious in terms of spending, as 22.8 percent of surveyed depositors said they are willing to consume more, down 1 percentage point from the second quarter.
Yet consumers remain cautious in terms of spending, as 22.8 percent of surveyed depositors said they are willing to consume more, down 1 percentage point from the second quarter, the central bank said in another report.
According to the PBOC's second-quarter survey on urban depositors released on Wednesday, the employment sentiment index dropped to 35.6 in the second quarter, down 6.9 percentage points from the first.
To help banks avoid the problem of sacrificing the interests of depositors while offering loans to MSEs, the government should share banks' lending costs and risks by launching monetary policy instruments targeting MSEs and encouraging government-backed guarantee companies to provide guarantees for small business loans, Zeng said.
The circular, jointly released by the Ministry of Housing and Urban-Rural Development, the Ministry of Finance, and the People's Bank of China, also added that the regular withdrawal and loan application of the fund by the depositors would not be affected.
For depositors who fail to pay the contributions within the stipulated time due to the impact of COVID-19, the deferment will not be submitted to the credit administration as loan delinquency on their credit reports, the circular said.
As opposed to deposit insurance, which is clearly defined as a means to protect depositors' interests instead of helping out banks, the use of financial stability fund is intertwined with more complicated issues.
Adjusting the deposit rate will either widen or narrow the interest rate spread between how much commercial banks can pay out to depositors and how much they can charge for loans.
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When principal-protected deposit products with relatively high interest rates are no longer available, depositors will have no other option but to choose products that carry higher risk but offer lower returns," said analysts led by Ma Kunpeng with SWS Research Co Ltd in a report.
Among the 20,000 urban bank depositors surveyed in 50 cities across China, 45.7 percent responded with a willingness toward more savings in Q4, 1.2 percentage points up from the previous quarter, according to a survey conducted by the People's Bank of China.
Among the 20,000 urban bank depositors surveyed in 50 cities across China, 45.7 percent responded with a willingness towards more savings in Q4, 1.2 percentage points up from the previous quarter, according to a survey conducted by the People's Bank of China.
In working to help the US economy recover from the 2008 crisis, he proposed what became known as the Volcker rule that restricted banks from making high-risk investments with depositors' cash.
China built the deposit insurance mechanism in 2015, under which a special fund was collected by the central bank to ensure depositors can get certain compensation if the bank fails.
"The usage of the deposit insurance fund has stabilized investors' confidence, which will strengthen the country's financial safety network and protect the rights and interests of depositors," said Zong Liang, a senior economist at the International Financial Institute under Bank of China.
In the old, pre-reform banking business model, banks made steady, predictable profits from the "spread" - the difference between the interest rate at which they loaned money and the rate at which they borrowed money from depositors or other sources.
This seemed like a great idea since it meant that depositors are better rewarded for their savings as banks compete.
The move is in line with related laws and set to protect the legitimate rights of depositors and other clients, it said.
Wang Yifeng, chief analyst of the banking industry at Everbright Securities, said confidence by depositors and financial system stability have been reinforced since the deposit insurance scheme was introduced.
In this way, the depositors' money can be transferred to a safe place.
Under the scheme, a depositor can expect to receive an insurance payout within seven working days after an incident.
The payout covers a deposit of no more than 500,000 yuan for each depositor in a bank.
The regulators will protect the legal rights of the bank's depositors and other clients," it said.
The PBOC, the CBIRC and the country's deposit insurance fund will ensure that individual deposits and interest will be fully repaid, and depositors can withdraw money freely, it said.
The proposed agency will seek to protect depositors, they said.
Such cover will likely be up to the insured limits applicable to depositors, and will help maintain the stability of the financial services sector, they said.
The institutions can make a claim for payment, or start the depositor reimbursement, under certain conditions, according to the proposals viewed by this reporter.
The proposed agency could help failed banks exiting the market, limit depositors' losses, and prevent risk contagion from spreading to the whole financial system, the officials concerned said.
Starting from May 1, 2015, China introduced an insurance system for bank deposits to protect the interests of depositors and maintain financial stability, allowing commercial lenders to fail in a more market-driven economy.
Deposits and interests of up to 500,000 yuan ($74,612) per depositor at each bank will be fully covered.
If the economic outlook for the next year weakens, more depositors may be forgiven if/when they consume less.
"China launched a deposit insurance system in 2015, announcing that accounts with deposits of up to 500,000 yuan ($74,863) per depositor will be insured if a bank suffers insolvency or bankruptcy.
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