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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.
Interest rates expected to decrease by 0.7 percentage points next year

Interest rates expected to decrease by 0.7 percentage points next year

There is still room for monetary policy to support growth, experts say.
Banks reduce interest rates, offer new loans for customers affected by Typhoon Yagi

Banks reduce interest rates, offer new loans for customers affected by Typhoon Yagi

They also offer preferential credit packages to reduce financial pressure for individual and business customers.
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.
Deposits at Vietnamese banks reach record high of 628b

Deposits at Vietnamese banks reach record high of $628b

Despite low interest rates, bank deposits have reached a new historic peak of VNĐ16 quadrillion (US$628.5 billion) as of the end of March, according to the latest data from the central bank. 
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. 
Interest rates to rise but not have major impact on stock market: economist

Interest rates to rise but not have major impact on stock market: economist

Deposit interest rates in Việt Nam, which have plunged since early-2023, are expected to rebound by 50-100 basis points by the end of the year, but that magnitude of increase is not likely to have a major impact on the stock market, according...
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. 
Savings interest rates begin rising amid slowing bank deposits

Savings interest rates begin rising amid slowing bank deposits

While some commercial banks continue lowering deposit interest rates, others are increasing the rates, particularly for term deposits of 12 months or longer.
Banks start increasing savings interest rates

Banks start increasing savings interest rates

The interest rate hike at some banks has begun as deposits in the banking system have shown signs of slowdown.
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.
Banks basically disclose lending rate information on websites

Banks basically disclose lending rate information on websites

Besides the lending interest rates, the banks have also disclosed the interest rate gap of deposits and loans, and the lending interest rates for preferential credit packages.
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.
Banks remain reluctant in disclosing interest rates

Banks remain reluctant in disclosing interest rates

CEO of OCB Nguyễn Đình Tùng said OCB has been working around the clock to find a method to publicise the bank''s interest rates.