Financial Returns Have Fallen And Then "Star Products" Have Been Eclipsed.

Bank financial products were once seen as "star products" for people's financial management, but last year, the bank financial market continued to cool down.

On the one hand, the number of product launches is no longer as sharp as before. In 2015, the growth rate began to slow down, even to negative growth in 2016. On the other hand, since February, the average expected rate of return has fallen below the 4% threshold.

At the same time, the rate of deposit reserve required by financial institutions in March 1st also lowered market expectations.

Insiders said that in general, after 3 months of RRR, the yield of bank financing will be significantly reduced.

Moreover, in addition to the impact of lowering interest rates on bank financing, the issuance of large certificates of deposit has also squeezed the share of homogeneous financial products to a certain extent.

Looking back at the rate of return of the bank financing market in 2015, the characteristic of downlink is the most unified impression.

After 2016, along with the "asset allocation shortage", bank financing was restricted at the asset side, not only high quality assets were hard to find, but also the bargaining power of banks was declining.

For the follow up trend in 2016, analysts believe that the yield of bank financial products will steadily decrease, showing a L overall.

From the perspective of financial capital investment, the proportion of future equity and alternative investments may increase.

Under the strong supply side reform and fiscal stimulus in 2016, the supply of non-standard assets is expected to rise slightly, but the yield advantage is weakened, so the allocation ratio of non-standard assets will not rise significantly.

The issue of bank debt to equity swap is still under study.

Before the end of 2016, the major commercial banks and conditional commercial banks should fully promote the "double recording" work.

"Double recording" refers to recording and videotape of bank employees when selling financial products or other agencies selling financial products, so that salesmen can introduce products according to procedures and regulations, so that buyers can clearly understand the nature of the products concerned, and the rights and risks to be purchased.

Banks usually have three sources for selling financial products, one is the products designed and launched by the banks themselves. Because banks have higher risk prevention and control capabilities, the investment direction is mostly interbank lending and bills business. The risks of such products are relatively small. Two, the structural financial products purchased by banks, and the earnings of these products fluctuate greatly, especially when the stock market is undulating nowadays. The risks are higher. Three, there are many kinds of products, such as insurance products and so on, most of which are trust products.

Products have a product manager, bank financial products.

It is the bank, and the manager of the "flying alone" product must not be a bank. It often appears with the name of an investment company or a fund management company, so we must find out who is the manager of the product.

According to the financial products research center of the financial circles, this week's Bank

Zhou expects the annual yield to fall to 4.03%, and yields will not change.

There are a total of 22 financial products from the day to the 14 day period, with the expected annual yield of 3.65%, a decrease of 0.17% in the annualized rate, and the issuance of financial products in the 15 days to the 1 month period. The annual expected annual yield of the products is up to 9%. The financial products of the month to the month of the month are full of funds. The annual expected yield of the products is up to the ratio of annulus to the ratio of RMB to GDP. There are 25 financial products in less than 7 days. The annual expected yield is 3.24%, the annulus ratio is 0.04%, 8

Judging from the type of issuing banks, the financial products with the highest expected annual yield are mostly from joint-stock commercial banks and city commercial banks.

From the perspective of income type, the high expected annual income type belongs to the non guaranteed capital floating type.

Judging from the expected maximum annual yield of the products in specific terms, a non guaranteed floating income product of Dezhou bank has won the first place from 8 days to 14 days with an expected yield of 4.7%. A non guaranteed floating income product of Bank of communications has a 9.1% expected annual yield, ranking 1 months to 3 months.