SBV untangles 2-percent interest rate support package
According to the State Bank of Vietnam (SBV), by the beginning of July, the whole economy's credit reached VND11.4 quadrillion, up 9.35 percent, while it only increased...
According to the State Bank of Vietnam (SBV), by the beginning of July, the whole economy's credit reached VND11.4 quadrillion, up 9.35 percent, while it only increased...
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...
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.
Commercial banks in Vietnam are currently launching the 2 percent interest rate support package from the State budget package of VND40 trillion (US$1.7 billion) for...
At the World Economic Forum in Davos in May 2022, Professor Joseph Eugene Stiglitz, the American economist and public policy analyst, told Bloomberg that the rising...
As securities and real estate sectors are not on the list to receive support, the 2 percent interest rate support package's positive effects on the stock market are not...
In the context of rising inflation, many banks have increased deposit interest rates to attract idle money. This step has caused many businesses to worry that lending...
Inflation in Vietnam is likely to climb in the next months, leading to higher interest rates and a negative impact on house purchases.
Deposit interest rates in Vietnam are under increasing pressure in the last months of the year, but the interest rate compensation package can help reduce the lending...
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 State Bank of Vietnam has been directed by the Government for many years to reduce lending interest rates. In the current effort towards economic recovery and...
The State Bank of Vietnam (SBV) is developing and collecting comments for the Draft Decree on interest rate support from the state budget for loans of enterprises,...
Loans of pandemic-hit enterprises will enjoy an interest rate cut of 2 per cent under a government support package to remove difficulties for the businesses.
The State Bank of Vietnam (SBV) has to continually inject money to support the liquidity of the banking system as the capital demand and interest rates on the interbank...
Vietnam’s monetary policy was relaxed to support the economy in 2021. This policy is expected to continue this year as well.
Bank of England Governor Bailey argued that he does not see changes in the global economy that suggest interest rates will return to the levels seen before the global...
VNDirect expected lending rates to decrease further, but deposit rates pick up tenderly.
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...