"Big 4" banks sharply lower deposit interest rates, loan interest rates may further decrease
Vietcombank, BIDV, VietinBank, Agribank have just announced new deposit interest rates, with a sharp decrease of 0.3-0.5%/year for many terms.
Vietcombank, BIDV, VietinBank, Agribank have just announced new deposit interest rates, with a sharp decrease of 0.3-0.5%/year for many terms.
According to Nguyen Minh Tuan, CEO of AFA Capital, inflation was at 3.1% in the first eight months, well short of the National Assembly's objective. As a result,...
It seems that there are other factors that usurp interest rates and start to dominate currency trends.
According to a survey from the Vietnam Real Estate Association (VNREA), investors and buyers of social housing projects must take loans with high interest rates. These...
Commercial banks have persistently reduced deposit interest rates, resulting in rates for many terms now standing at just above 6% per annum.
UK wage data was pretty shocking. It has raised speculation that the Bank of England could have to go further than previously expected when it comes to base rate hikes.
Interest expense in the first 6 months of this year increased by 47 per cent year on year, despite efforts from regulators to lower interest rates.
The most common rate reduction is 0.2 per cent, while some have made sharp decreases from 0.5 to 0.8 per cent per year, including Saigon-Hanoi Bank, BacABank, Ocean...
Banks have to lower lending interest rates to stimulate demand for new loans as credit growth falters and deposit interest rates have also dropped sharply.
With the expectation that deposit interest rates will continue to fall in the coming quarters while corporate profits begin to recover, brokerages forecast that the...
Interest rates on both the interbank and transaction markets among banks, people and businesses continued to decrease.
There’s been some interesting discussion recently about the structural level of interest rates going forward.
The State Bank of Vietnam (SBV) has decided to further reduce some operating interest rates for the fourth time this year since June 19. This move is considered by...
It is to be seen if the decision made by the State Bank of Vietnam to cut interest rates will prove effective when capital flow pours into the stock market once again...
According to the State Bank of Vietnam (SBV), by the end of May 2023, the economy's credit reached over VND 12.3 quadrillion, an increase of about 3.17% compared to the...
Monetary policy announcements by central banks around the world have become more eagerly anticipated in the last year or so than at any time since the Global Financial...
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.
The State Bank of Vietnam (SBV) decided to reduce some policy rates, such as the refinancing rate (down 0.5% points), the ceiling deposit interest rate for 1-month to...
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...
Amid the serious economic downturn, high interest rates are seriously affecting the dynamics of the Vietnamese economy. In other words, interest rates affect investment...
Cash flow always looks to more attractive investment channels with higher returns, so when interest rates decrease, cash flow will shift from the savings channel to the...
The remaining months of 2023 are forecast to continue to face many challenges with monetary policy management, as both the world and domestic economies are still...