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inter-bank

Bank liquidity abundant ahead of Tet

Bank liquidity abundant ahead of Tet

Though Tet (Lunar New Year) is approaching with rising capital demands, the liquidity of the banking system is abundant, helping interest rates in the inter-bank market sharply, industry insiders said.
Abundant capital source drives rates in inter-bank market down

Abundant capital source drives rates in inter-bank market down

Interest rates in the inter-bank market are declining in contrast to previous years when the rate often increased significantly due to rising capital demand at year-end.
Several positive factors keep đồng steady against greenback

Several positive factors keep đồng steady against greenback

The foreign exchange market is witnessing an unusual phenomenon: the dong is not just steady against the US dollar but also 0.16 per cent up from its rate at the end of late 2018.
Cashless payment posts double-digit growth

Cashless payment posts double-digit growth

The Government’s efforts to boost cashless payment have shown signs of paying off, with both the number of transactions and their total value seeing double-digit growth in the first months of the year.
Inter-bank e-payment turnover hits 3.2 trillion in 2018

Inter-bank e-payment turnover hits $3.2 trillion in 2018

Inter-bank electronic payment turnover accelerated to VND73 quadrillion (US$3.2 trillion) in 2018, equal to 13 times the country’s GDP, according to Pham Tien Dung, director of the State Bank of Viet Nam (SBV)’s Payment Department.
Central bank props up banking sector liquidity

Central bank props up banking sector liquidity

The State Bank of Viet Nam (SBV) withdrew a total VND18.87 trillion (nearly US$829 million) from the market in the week of November 26-31.
Overnight rate skyrockets to 4.44%

Overnight rate skyrockets to 4.44%

Liquidity in the banking system is getting tighter, causing interest rates on the inter-bank market to surge.
Overnight interest rate doubles to 4.42%

Overnight interest rate doubles to 4.42%

Interest rates on the inter-bank market have surged strongly in the past week despite the central bank’s net injection of VND14.4 trillion (US$612.76 million).
Lending interest rate in inter-bank market hits six-month high

Lending interest rate in inter-bank market hits six-month high

The interest rate for Vietnamese dong loans in the inter-bank market has hit the highest level since the beginning of the year due to high demand.
Central bank triples net injection to 1.96 billion

Central bank triples net injection to $1.96 billion

Demand for the Vietnamese dong has surged significantly recently, pushing up interest rates in the inter-bank market.
Interest rates fall in G-bond and inter-bank markets

Interest rates fall in G-bond and inter-bank markets

Interest rates in inter-bank and G-bond markets have declined significantly despite rising capital demands ahead of Tet (Lunar New Year), the country’s biggest holiday season.
Central bank injects US792 million to support market

Central bank injects US$792 million to support market

State Bank of Viet Nam (SBV) made a net cash injection of VND18 trillion (US$792 million) into the economy in the past week.
Inter-bank rate hits new record low of 0.5%

Inter-bank rate hits new record low of 0.5%

Inter-bank lending interest rates have continuously slipped to hit a new record low, according to the latest monetary report by Saigon Securities Incorporation’s (SSI) Retail Research.
Various interest rates drop sharply

Various interest rates drop sharply

The lending interest rate is expected to further expand with the interest rate reducing sharply in the inter-bank, central bank bill and G-bond markets over the past ten days.
Inter-bank lending rates drop to eight-month low

Inter-bank lending rates drop to eight-month low

Inter-bank lending interest rates have slipped to an eight-month low in the wake of the central bank’s recent policy rate cut.