A Comparative Study On The Deposit Rate Of Commercial Banks In China And Mongolia

With the change of interest rate floating in the world,the interest rate is gradually developing towards marketization,and the interest rate in Mongolia has maintained a certain stability.However,due to the slow process of interest rate marketization,the central bank has been implementing the measures to stabilize interest rate.However,in the future,the process of marketization will gradually increase,which is bound to bring some adjustments to Mongolian commercial banks.To strengthen the stability of interest rate level is not only to It can maintain the stability of financial order and strengthen the information of Mongolian people on the central bank's financial system.In 2013,China released the interest rate control in an all-round way,and no longer set a 0.7-fold lower limit for interest rates.China's interest rate liberalization level is constantly improving.Although commercial banks face great challenges in the short term,there are certain interest rate risks,but through the strengthening measures of China's financial sector and reasonable guidance policies,the reform of interest rate liberalization has gradually matured in ancient China,interest rate reform is still relatively backward.We should learn from China's role of interest rate free market regulation and formulate reasonable standards for the process of interest rate marketization.Saving interest rate is the main financial measure reflecting people's basic living standard.The adjustment of saving interest rate is related to the depositor's presence in the bank.The interest rate income brought by the financial products of Mongolian commercial banks is usually higher than that of ordinary deposits.Therefore,many bank customers tend to store the money in the financial products,and the amount of money invested in the financial products increases,so the amount of money in the deposits decreases Less,it will also promote the central bank to raise the benchmark interest rate of deposits.Through the comparative analysis of the savings rate of commercial banks in China and Mongolia,we can find out the shortcomings,similarities and differences of the savings rate of commercial banks in Mongolia,which can not only provide some theoretical reference value for the follow-up scholars,but also provide reference for the development of commercial banks in Mongolia.Taking the savings rate of commercial banks in China and Mongolia as an example,this paper analyzes the development of the savings rate of commercial banks in China and Mongolia.Combined with the classical interest rate theory,i.e.Keynes interest rate theory,we can make a qualitative analysis of the savings rate of commercial banks in China and Mongolia,and put forward countermeasures and suggestions to promote the further development of the optimization of the savings rate of commercial banks in Mongolia.The purpose of this study is to compare the savings rate of commercial banks in China and Mongolia,find out the deficiency of the savings rate of commercial banks in Mongolia from the research status and existing problems,and put forward suggestions for change,financial confidence,and stable savings rate is bound to give security to the financial system.With the development of commercial banks in Mongolia,the change of interest rate in commercial banks plays an important role in increasing the operational risk and improving the profitability of commercial banks.Through the comparative analysis of the savings rate of commercial banks in China and Mongolia,this paper finds out the shortcomings of the savings rate of commercial banks in Mongolia.By comparing the similarities and differences,it can not only provide some theoretical reference value for the follow-up scholars,but also provide reference for the development of Mongolian commercial banks.Using literature method: by collecting relevant literature,analyzing the relevant theories of savings rate of commercial banks,this paper puts forward the concept and definition suitable for this study.Using comparative analysis to compare the savings rate of China and Mongolia commercial banks,find out the similarities and differences.Collect the data of savings rate of commercial banks in China,Mongolia and other countries,sort out and analyze the current situation of savings rate of commercial banks in China and Mongolia.This paper takes the interest rates of Mongolian Commercial Banks and Chinese commercial banks as the research objectives,and puts forward countermeasures.