"Loss" of bank deposits? Central Bank's latest report clarifies authoritative doubts.

In the third quarter of 2025, the growth rate of residents' deposits fell from its high level, attracting more attention from various parties and sparking discussions about the "outflow" of bank deposits. On February 10th, the central bank released the "Fourth Quarter 2025 China Monetary Policy Implementation Report," which merged asset management products with bank deposits in a column, providing a new perspective for judging and evaluating monetary financing conditions and liquidity environment, and interpreting and responding to this market hot topic. An industry expert stated that in recent years, with the backdrop of declining interest rates, some residents and businesses may adjust their asset allocation and invest more in bank wealth management and asset management products. In the long run, as China's financial markets continue to deepen and investment channels become more diversified, residents will adjust their asset allocations more rationally between deposits and other assets based on different asset yields, and the manipulation of resident assets in the future may become more flexible.