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.
Amid the context that central banks of many countries raised interest rates sharply, from September 23, the State Bank of Vietnam (SBV) decided to increase policy rates,...
Banks have continued to increase the highest deposit interest rate up to 1%/year. Experts believe that deposit interest rates will increase even faster in the last...
After the support package of VND 30,000 billion (US$ 1,268,077,766) for social housing loans ended in 2016, the State Bank implemented social housing loans with...
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...
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"...
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...
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) has to continually inject money to support the liquidity of the banking system as the capital demand and interest rates on the interbank...
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...
Since commercial banks has seen big earnings during the third quarter of 2021 despite social distancing measures in place in many cities and provinces, insiders believed...
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...
In the midst of the pandemic, many businesses are making efforts to repay trillions of dong of debt that is a bright spot in the picture of listed companies' debt.
The State Bank of Vietnam (SBV) continued communicating with the banking system via administrative and directive measures to encourage the banking system to support...
Currently, the economic recovery is still difficult, many business fields are still