Six banks in Jinan raised deposit rates

　　On the evening of February 28th, just after the central bank announced the cut of interest rates, Qilu Bank and Qingdao Bank made quick reaction, sent the information of deposit rates rising by 30%. On March 1st, the reporter learnt that the branches of Evergrowing Bank, China Zheshang Bank, Bank of Rizhao and China Bohai Bank also improved the deposit rates by 30%. After the rise of deposit rate, the benchmark one-year deposit rate is about 3.25%, 4.03% for two-year deposit rate, 4.875% for three-year deposit rate, 5.4% or 5.2% for five-year deposit rate, 0.455% for demand deposit.