Upward pressure on deposit and lending rates
Deposit rates may inch up by 0.5% in 2022, while lending rates will likely increase slightly, according to KB Securities.
Deposit rates may inch up by 0.5% in 2022, while lending rates will likely increase slightly, according to KB Securities.
The deposit rates could go up further in the coming months due to a rise in inflation pressure, fierce competition from other markets….
The lending rates could decrease further, but deposit rates is expected to pick up tenderly.
VNDirect expected lending rates to decrease further, but deposit rates pick up tenderly.
Many banks have increased their interest rates to attract more depositors after getting a credit growth quota expansion from the State Bank of Vietnam (SBV).
The lending interest rate of commercial banks may ease further to support economic growth, especially for industries and customers heavily impacted by the COVID-19...
According to KB Securities, credit supply is stable, system liquidity is abundant, weak credit demand and low inflation risk will make it difficult for deposit and...
A 0% deposit rate amid a high inflation rate would turn people away banks and look for other investment channels such as real estate, securities, or gold with higher...