Interest rates reduce in all markets in wake of central bank’s policy rate cut
After the State Bank of Vietnam cut several policy interest rates last week, interest rates on the interbank market, the open market operation (OMO) channel and...
After the State Bank of Vietnam cut several policy interest rates last week, interest rates on the interbank market, the open market operation (OMO) channel and...
The question now is not just whether central banks like the ECB and Fed may pause rate hikes on the basis that they don’t want to inflame banking strains.
The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) ended the day at 1,052.8 points, a slight decline of 0.2 points or 0.02 per cent.
According to the Vietnam Chamber of Trade and Industry (VCCI), the credit growth limitation is one of the most influential policies in the banking system of Vietnam, but...
All G10 central banks are data dependent when they set policy and most emerging market central banks too.
Since the beginning of March 2023, commercial banks have reduced deposit interest rates which have been contrary to forecasts made by many domestic and foreign...
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...