Moody''s Investors Service said in a new report released on Monday that its stable outlook for Viet Nam''s banking system reflects the country''s robust economic performance.
Total assets of Viet Nam’s banking system reached more than VND9.25 quadrillion (US$407.5 billion) by the end of August, an increase of 8.79 per cent over the beginning of this year, statistics from the State Bank of Viet Nam (SBV)...
Some commercial banks have cut deposit interest rates by 0.2-0.5
percentage points in the past 10 days to reduce input capital costs and
further lower borrowing costs.
