Central bank not really loosening monetary policy, say experts

Monday, Jul 31, 2017

The central bank’s reduction in refinancing and rediscount rates is expected to help improve the efficiency of the banks’ bad debt settlement.

Removing deposit interest rate cap considered

Saturday, Oct 08, 2016

Deputy Prime Minister Vuong Dinh Hue has recently instructed relevant authorities to scrutinise the possible removal of the deposit interest rate cap on short-term deposits.

Remove interest rate cap: experts

Wednesday, Dec 03, 2014

Banking experts have recommended that the State Bank of Viet Nam (SBV) remove the interest rate cap regulation as the Vietnamese banking system''s liquidity was quite abundant.

SBV keeps deposit interest rate steady

Thursday, Aug 28, 2014

The State Bank of Viet Nam has not decided to lower the 6 per cent interest rate cap on short-term deposits, Deputy Governor Nguyen Thi Hong told baodautu.vn on Tuesday.

When cash climbs aboard a merry-go-round

Monday, Mar 24, 2014

Last week the State Bank of Viet Nam decided to lower the the interest rate cap on bank deposits of up to six months by 1 percentage point to 6 per cent in an effort to boost credit growth and pump prime...

Finance group urges rate cut

Wednesday, May 08, 2013

The National Financial Supervisory Committee has suggested a further cut in the deposit interest-rate cap to 7 per cent to bring down lending rates to around 10 per cent.