Is the Bank of Communications' large deposit certificate safe? This paper discusses it from three aspects.

In the current market, in order to increase customers' savings or attract higher savings, many banks will carry out large deposit certificates. Due to its high interest rate and good security, certificates of deposit are very popular with depositors. Bank of Communications certificates of deposit are owned by Bank of Communications with flexible term. So, is the large deposit certificate of Bank of Communications safe? Today, let's take a look at the relevant contents of the Bank of Communications' large deposit certificate.

Basic information of large deposit certificate of Bank of Communications

Risk level: low risk

Financial term: March and June 1 year, 2 years and 3 years.

Annualized interest rate ~ range

Initial deposit amount: 200,000 yuan

Interest calculation method: interest is calculated by file.

Is the Bank of Communications' large deposit certificate safe?

1. From the publisher's point of view,

Bank of Communications, founded in 1908, is one of the oldest banks in China and one of the note-issuing banks in modern China. Bank of Communications is one of the major financial service providers in China, covering commercial banks, securities, trusts, financial leasing, fund management, insurance and offshore financial services. It is one of the most professional and risk-resistant banks in China.

2. From the CD itself.

The risk level of the large deposit certificate of Bank of Communications belongs to low-risk deposit, which has the characteristics of capital preservation and interest protection. Unless there is an extreme situation (bank failure), the possibility of loss is very small, which meets the safety needs of investors.

3. Generally speaking.

As a low-risk certificate of deposit, its expected income level is average, probably because of its high security and strong competitiveness. Compared with the same type of wealth management products, its expected income level is at a medium level. In savings products, the expected income level is average, but it meets the guarantee requirements at a high level.

All the above opinions about the safety of the deposit certificate of Bank of Communications are for reference only, and I hope they can help you. Warm reminder, financial management is risky and investment needs to be cautious.