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deposit

Central bank issues new decisions on deposit interest rates

Central bank issues new decisions on deposit interest rates

According to the SBV, Decision No. 2410/QĐ-NHNN and Decision No. 2410/QĐ-NHNN aim to ensure consistency on a legal basis with other issued circulars on deposit interest rates.
Long-term deposit interest rates reach 7.4 per cent

Long-term deposit interest rates reach 7.4 per cent

Vietcombank Securities Company (VCBS) forecasts that deposit interest rates in the third quarter of 2024 will continue to increase by about 0.3-0.5 percentage points.
Stock market remains attractive to retail investors

Stock market remains attractive to retail investors

Despite the remarkable surge in gold prices and the gradual increase in deposit interest rates, the stock market continues to stand out as an appealing investment channel.
Zero per cent dollar-denominated deposit interest rate needs to stabilise forex market

Zero per cent dollar-denominated deposit interest rate needs to stabilise forex market

The SBV applied a dollar-denominated deposit interest rate cap of 1 per cent per year for organisations in 2010 and 3 per cent per year for individuals in 2011. 
Banks are lifting deposit rates

Banks are lifting deposit rates

Private commercial banks are lifting deposit rates in June to attract idle capitals.
VietinBank raises deposit rates, commercial banks follow

VietinBank raises deposit rates, commercial banks follow

VietinBank became the first large commercial bank with state capital to raise deposit rates earlier this morning.
Experts predict deposit interest rates to rise 1 percentage point in H2

Experts predict deposit interest rates to rise 1 percentage point in H2

Industry experts have predicted a potential increase in deposit interest rates by 0.5 to 1 percentage point in the second half of the year, placing the rate at over 6 per cent per year. 
Commercial banks raise deposit rates

Commercial banks raise deposit rates

VPBank, Bac A Bank and GPBank raised deposit interest rates this morning for deposits with terms within 1-5 months. 
Deposit interest rates to remain low until mid-2024: analysts

Deposit interest rates to remain low until mid-2024: analysts

Deposit interest rates are expected to remain low until the middle of 2024, with a slight increase anticipated thereafter due to higher credit demand, analysts said.
Nearly 20 commercial banks lower deposit rates in March

Nearly 20 commercial banks lower deposit rates in March

From the beginning of March, 17 commercial banks have adjusted their deposit rates so far, four of which cut rates more than twice, including BaoViet Bank, GPBank, BVBank and PGBank.
Deposit interest rates forecast to hit bottom in Q1 2024

Deposit interest rates forecast to hit bottom in Q1 2024

Some private banks have recently started to inch up interest rates mainly for short terms of less than five months to 2.5-3.8 per cent per year to attract more depositors after the Lunar New Year.
Major banks continue cutting deposit interest rates

Major banks continue cutting deposit interest rates

Since the beginning of January, many commercial banks have cut their deposit interest rates.
Deposit interest rate hits record low

Deposit interest rate hits record low

Deposit interest rates have set a new record low.
Lending rate forecast to be cut by 1-1.5pp in 2024

Lending rate forecast to be cut by 1-1.5pp in 2024

VCBS expects the lending interest rate will decrease by another 1-1.5 percentage points in 2024. In particular, banks will consider lowering interest rate for some groups of firms which have good business prospects, with an aim to restructure debts and...
Individuals deposit in banks makes five-year record despite lower interest rates

Individuals' deposit in banks makes five-year record despite lower interest rates

Despite interest rate cuts by commercial banks, deposits by retail customers have continued to increase due to a lack of alternative asset classes.