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2025年金融机构存贷款增速剪刀差扩大,因此短期看“存款搬家”对银行存款
2025年金融机构存贷款增速剪刀差扩大,因此短期看“存款搬家”对银行存款
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所属报告:
银行业上市银行春季调研反馈暨板块思考:2026年银行业选股为先α优于β-260128(23页).pdf
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香港主要银行存款市占率
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行业数据
2026-04-13
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齐鲁银行存款成本优势自2022年起扩大
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行业数据
2026-04-10
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齐鲁银行县域存款占比2022年起明显提升
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2026-04-10
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对银行存款稳定性来看短期影响有限,银行年初“缺负债”压力不明显。对国有行而言,续存率较高(假设 2026 年金融机构到期的三年期及以上存款中 15%再配置为其他资产,则“搬家”存款规模约 6.5 万亿,占总存款比重仅约 2%),且即使存款搬家至理财等,也会以非银存款回流至银行。而对中小银行而言,今年对投放的预算相对审慎、“以贷促存”安排下对年初存款增长的诉求也有所减弱;并且在此基础上,也更侧重存款降久期、调结构,更多以一年期等承接到期存款。
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银行业上市银行春季调研反馈暨板块思考:2026年银行业选股为先α优于β-260128(23页).pdf
2026年银行业策略:选股为先,α优于β
银行业上市银行春季调研反馈暨板块思考:2026年银行业选股为先α优于β-260128
以国有行+股份行按揭贷款的“不良率+关注率”衡量逾期现状,2024年平均约2%
过去三年来不良生成率底部有所抬升,零售不良压力上行是主要原因,对公端增提拨备压力则不大
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