Many opinions agreed on the necessity of regulations on deposits but were still diverse on how the deposit would be collected.
Commercial banks have persistently reduced deposit interest rates, resulting in rates for many terms now standing at just above 6% per annum.
Many people believe that the proposed 2% deposit limit for real estate transactions is too low, which might lead to clients and investors ready to forfeit their...
The Vietnam Cooperative Union said that the regulation that the total amount of deposits not exceeding 20 times the equity causes many difficulties, hindering the demand...
Vietnam can return to high growth rates over the medium term, as structural reforms are implemented, Division Chief of the International Monetary Fund (IMF)’s Fiscal...
All major banks have slashed their deposit interest rates across all terms following the rate cut by the State Bank of Việt Nam (SBV) earlier this week.
HSBC expects the State Bank of Vietnam (SBV) to deliver one more 50bp rate cut in this easing cycle, sometime in 3Q23, to further support growth.
Though deposit interest rates listed at commercial banks have decreased rapidly after the State Bank of Việt Nam's (SBV) policy rate cut, savings of individual customers...
By early May, commercial banks have started to reduce deposit interest rates. With this the average deposit interest rate that had peaked in January at 9 percent per...
It is much more difficult for banks to attract cheap capital from non-term deposits, or current account savings account (CASA), in the context of high interest rates on...
Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.
Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.
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...
On April 3, 2023, the interest rates ceiling for non-term and term deposits under 6 months according to the new regulations of the State Bank of Vietnam (SBV) have been...
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...
Commercial joint stock banks have continued to lower deposit interest rates since the middle of this month, a move that is expected to help reduce lending rates and...
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...
The State Bank of Vietnam (SBV) has little room for future policy rate reductions to support enterprises, notwithstanding the Fed's reduced magnitude of rate hike.
Both the six-month and 12-month term rates now stand at 9.3 per cent per year, down from 9.7 per cent and 9.5 per cent per year, respectively.
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...
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