Commercial banks have agreed to lower deposit interest rates by about 0.5 percent starting from March 6, while State-owned banks will only reduce their rates by 0.2...
Banks are maintaining a cautious approach in dealing with the current crisis in the real estate market.
Commercial banks in Vietnam must continue to direct credit toward priority areas such as production, business, and government-identified priority areas after receiving a...
The Ministry of Construction has proposed the Government arrange a credit package worth around VNĐ110 trillion ($4.6 billion), but later retracted the package proposal,...
Documents prepared for the upcoming AGMs show some banks are cautious about profit targets set for this year.
Along with the cooling trend of deposit rates, some banks have announced credit packages to support lending rates.
The group of the four biggest State-owned banks (Big4) have launched preferential loan packages with interest rate reductions of up to 3 per cent per year to lower...
There’s only one G10 central bank that has paused its rate hikes, and that’s the Bank of Canada. But far from crush the Canadian dollar, the currency is just about the...
This week, the State Bank of Vietnam (SBV) said it would crack down on the activity, noting that credit institutions will have to take full responsibility before the law...
There are reasons to fear that inflation won’t decline in the way that central banks expect.
Many banks have just launched credit packages with preferential lending interest rates that decreased by between 0.5-3% per year for customers in the fields of business...
The race to lure demand deposits, or current account savings account (CASA), among banks seems to be decelerating as it is more difficult for them to attract the cheap...
Lending interest rates have surpassed the 10 per cent mark, piling pressure on many businesses in dire need of funding, a conference has heard.
Since the end of 2022, the State Bank of Vietnam (SBV) has made many policy changes to supplement money into the economy, helping ease liquidity stress.
Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in...
Experts predict that Vietnam's interest rate will remain high in 2023, raising concerns about the availability of financing for enterprises in the absence of aggressive...
Right from the beginning of 2023, many banks have announced their plans for merge and acquisition (M&A) deals and capital increase.
The last week’s Fed, ECB and BoE meetings have been notable for the slightly more dovish, or hopeful comments from bank leaders.
The State Bank of Việt Nam (SBV) might not increase its policy interest rate in the first quarter of 2023 after the US Federal Reserve (Fed) raised its rate by only 25...
TPBank is due to pay a cash dividend at a rate of 25 per cent instead of a stock dividend like in previous years. This means that shareholders will receive VNĐ 2,500...
The interest rate hike race among banks is showing signs of cooling down as many banks have adjusted down the rate by 0.1-1 percentage points per year after the Lunar...
In recent years, major central banks have decided that their methods for achieving their mandates left something to be desired. The Fed changed its modus operandi in...
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