In August alone, the amount of new deposits was nearly VNĐ86.48 trillion, meaning that nearly VNĐ2.9 trillion was deposited at banks every day on average.
Individual customers'' banking deposits hit a record high of more than VNĐ6.83 quadrillion as of the end of July 2024, newly released data from the State Bank of Việt Nam (SBV) shows.
Data from Q1 2024 financial statements of 27 commercial banks showed total deposits of the entire banking industry only increased slightly by 0.7 per cent compared to the end of 2023, in the context that deposit interest rates continuously decreased...
Despite declining deposit interest rates, people see bank savings as a
safe investment channel in the context of rising price pressure and
market turmoil.