Lending rates are under upward pressure
Vietnam’s deposit and lending rates could rise further in 2H22 for many reasons.
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.
If the State Bank of Vietnam (SBV) waits until the fourth quarter of 2022 to provide additional credit quotas to banks, it will be too late in comparison to the current...
From the beginning of August 2022, many more banks including commercial banks with state capital have raised the interest rate offered on savings accounts to attract...
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.
Large banks are starting to join the deposit interest rate hike race along with small- and medium-sized banks due to rising capital demand pressure after a long time...
In the setting of high inflation in many countries, investors are experiencing "headaches" in selecting an investment channel that can both maintain wealth and produce...
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.
Thanks to increases in savings interest rates, deposits at banks increased strongly in the first two months of this year after declining last year.
It is evident that the fixed-income markets have currently experienced significant changes as interest rate conditions tightened faster than expected.
The deposit rates could go up further in the coming months due to a rise in inflation pressure, fierce competition from other markets….
The deposit growth rate of individual customers at banks slowed last year due to the impacts of the pandemic.
The Government promulgated Decree 08/2022/NĐ-CP stipulating a number of articles of the Law on environmental protection. In particular, it mentioned the provision for...
Banks that invest heavily in technology and promote the development of digital banking recorded a rapid increase in deposits.
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).
Deposit interest rates at commercial banks will continue to decrease and remain at low levels in the coming months, analysts forecast.
The lending rates couldn’t decrease significantly as banks must maintain high net interest income in correspondence with the current high net interest margin, said KB...