Nearly 20 commercial banks in Vietnam have adjusted deposit rates since the beginning of this month, with most lowering rates.
There will always be some in the market eager to front-run what they feel will be a significant fall in the US dollar as the Fed gets into an easing cycle.
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...
According to analysts, in order to promote bank loan demand, commercial banks must be more open and flexible, while ministries, sectors, and localities must work...
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...
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...
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
Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.
The Vietnam Bank for Agriculture and Rural Development (Agribank) on July 15 said it will cut lending rates in Vietnam dong for the fifth time.
The cut, which begins from this month to late 2021, will depend on each bank’s financial situation.
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