The State Bank of Vietnam (SBV) is also supplying the market with liquidity as the interest rate has fallen to an extremely low level. However, a variety of factors...
The State Bank of Vietnam (SBV) cut its policy rates twice in March 2023.
The State Bank of Vietnam's (SBV) adjustment to reduce the operating interest rate and the interest rate on open market operations was considered by experts as one of...
The level of savings interest rates at commercial banks has continuously increased since the State Bank of Vietnam (SBV) raised the operating interest rate in the last...
The level of savings interest rates at commercial banks has continuously increased since the State Bank of Vietnam (SBV) raised the operating interest rate in the last...
Vietnam’s deposit and lending rates could rise further in 2H22 for many reasons.
Many finance analysts expected deposit rates to rise higher despite the slowdown in credit growth.
The State Bank of Vietnam (SBV) won't be in a rush to tighten monetary policy right away to promote economic recovery, even though the FED continues to raise rates.
In July, the “race” of deposit interest rates became even stronger when there were banks that increased by 1% as well as the continued participation of big banks.
The interest rate level for savings accounts continued to increase in the early days of June 2022, and the interest rate "race" now has the participation of the "big"...
Despite the fact that deposit rates have been rising, lending rates may continue to fall as a result of supportive policies.
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.
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...
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