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lending interest rate

Old loans must endure higher interest rates temporarily: SBV

Old loans must endure higher interest rates temporarily: SBV

While new loans have been issued at significantly lower rates, older loans, even for priority sectors such as mechanical engineering, must still bear high interest rates, especially during a period of economic difficulties. 
Banks return on earning assets declines

Banks’ return on earning assets declines

Banks have continued to record a decrease in the ratio of return on earning assets due to the lending interest rate cut to support COVID-19 affected customers.
Banks continually cut lending rates to aid pandemic affected customers

Banks continually cut lending rates to aid pandemic affected customers

Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.
Sacombank issues certificate of deposit

Sacombank issues certificate of deposit

Saigon Thuong Tin Commercial Bank (Sacombank) has begun an issue of certificates of deposit (CDs) in Vietnamese dong at an attractive 8.5 per cent interest rate per year.
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.
Doubts over 5% average lending interest rate target

Doubts over 5% average lending interest rate target

Banking experts have expressed a great deal of scepticism at the government''s target to cut the average lending interest rate to some 5 per cent.
Loose monetary policy needed to reduce interest rates: experts

Loose monetary policy needed to reduce interest rates: experts

Experts have suggested the central bank should further loosen its monetary policy to reduce lending interest rates in a move to support businesses.
Dollar lending interest rate stays unchanged despite deposit cut

Dollar lending interest rate stays unchanged despite deposit cut

The US dollar lending interest rate has remained unchanged though the central bank has recently made a significant cut on dollar deposit rates.
Viet Nam urged to maintain sustainable economic growth

Viet Nam urged to maintain sustainable economic growth

Viet Nam should maintain sustainable growth as the economy will face numerous difficulties and challenges in spite of recent recovery.
Banks reduce interest rates on deposits

Banks reduce interest rates on deposits

Facing difficulties in lending, many commercial banks have reduced their interest rate on dong deposits.
Central bank initiative reduces lending rates

Central bank initiative reduces lending rates

The lending interest rate is currently equal to the 2005-06 rate thanks to the flexible interest rate cap regulations the central bank has applied since 2011, according to a report the bank released this week.
Lending up 2.3 per cent in five months

Lending up 2.3 per cent in five months

Total lending of the whole banking system on May 22 increased about 2.3 per cent over the end of last year, the State Bank announced yesterday.