Deposit rates may ease to 4.7% by year-end
The average 12-month deposit rates of large commercial banks will have room to decrease slightly by 2 bps, easing to 4.7% by the end of 2025.
The average 12-month deposit rates of large commercial banks will have room to decrease slightly by 2 bps, easing to 4.7% by the end of 2025.
According to financial experts, the rising trend in bad debt continues to pose significant challenges to debt resolution and recovery efforts at credit institutions...
Bad debt in the Vietnamese banking industry is increasing, yet dealing with it remains tough and challenging.
According to Mr. Quan Trong Thanh, Head of Research, Strategy, and Banking Sector at Maybank Investment Bank (Vietnam), in order to maintain profits, many banks...
Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.
A majority of banks expected their business results to continually improve in Q4 2022, helping them gain profit for the whole year.