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Deposit interest rates

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.
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.
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.
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...
Race to lower deposit interest rates to continue until year end

Race to lower deposit interest rates to continue until year end

The race to lower deposit interest rates among banks is expected to continue until the end of 2023, according to analysts.
Commercial banks continue to cut deposit interest rates

Commercial banks continue to cut deposit interest rates

The SBV early this week also directed commercial banks to continually reduce lending interest rates by 1.5-2 percentage points per year at a minimum for both outstanding loans and new loans.
Deposit interest rates at all banks stand below 8%/year

Deposit interest rates at all banks stand below 8%/year

Deposit interest rates have continued falling to below 8 per cent per year at all banks in Việt Nam as the State Bank of Việt Nam (SBV) aims to maintain a stable macroeconomic landscape and promote lending. 
Banks cut rates for new loans amid low capital demand

Banks cut rates for new loans amid low capital demand

Surveys in banks such as VietinBank, Vietcombank, TPBank, Sacombank and MSB show preferential loan packages currently have interest rates from 0.5 to 2 per cent lower per year depending on customer groups.
All major banks slash deposit interest rates

All major banks slash deposit interest rates

All major banks have slashed their deposit interest rates across all terms following the rate cut by the State Bank of Viet Nam (SBV) earlier this week.
Individual customers keep depositing at banks despite interest rate cut

Individual customers keep depositing at banks despite interest rate cut

Though deposit interest rates listed at commercial banks have decreased rapidly after the State Bank of Viet Nam''s (SBV) policy rate cut, savings of individual customers have kept rising.