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lending rates

Banks disclose lending rates to the public for the first time

Banks disclose lending rates to the public for the first time

The State Bank of Vietnam has demanded banks submit links to the section announcing various interest rates before April 1st. If there are changes to the links, they must be d within two working days.
Bank deposit interest rates keep falling

Bank deposit interest rates keep falling

Banks have been steadily cutting deposit interest rates, which have reached around 8 per cent, a move aimed at reducing lending rates to support businesses.
Deposit rate continues to drop but lower lending rate remains a challenge

Deposit rate continues to drop but lower lending rate remains a challenge

Both the six-month and 12-month term rates now stand at 9.3 per cent per year, down from 9.7 per cent and 9.5 per cent per year, respectively.
Lending rates expected to be stable thanks to State support package

Lending rates expected to be stable thanks to State support package

Lending interest rates in the remaining months of this year will stay relatively stable to help firms recover production after the pandemic.
Lending rates set to be stable despite deposit rate surge

Lending rates set to be stable despite deposit rate surge

Though deposit interest rates have increased significantly this year, experts forecast lending rates will remain relatively stable to support economic recovery.
SBV allows banks to expand credit room

SBV allows banks to expand credit room

The State Bank of Viet Nam (SBV) has just officially approved credit room extension for some banks.
Banks agree to cut lending rates to support hard-hit businesses

Banks agree to cut lending rates to support hard-hit businesses

Most banks have agreed to cut the lending rate for enterprises hard hit by the COVID-19 pandemic from this month until the end of this year.
Lower interest rates not a good thing for equity market

Lower interest rates not a good thing for equity market

Lower lending rates in the financial-banking market may not mean good things for the securities market, specialist Dao Phuc Tuong said on Wednesday.
Banks asked to cut lending rates to mitigate Covid 19 pandemic

Banks asked to cut lending rates to mitigate Covid 19 pandemic

Deputy Governor of the State Bank of Viet Nam (SBV) Dao Minh Tu has instructed commercial banks to continue reducing lending rates for firms affected by COVID-19 by 2 percentage points per year.
Bank lending rates expected to fall in the new year

Bank lending rates expected to fall in the new year

A report by securities firm SSI on the financial and monetary market says deposit interest rates are likely to be cut by 0.5- 1 percentage point this year, and lending interest rates would also be cut by at least 0.5...
VN-Index slides after stumbling at 1,000 point level

VN-Index slides after stumbling at 1,000 point level

Vietnamese shares slid on Friday morning, dragged by large-cap companies and cautious market sentiment.
Central bank to keep monetary policy on hold through 2019

Central bank to keep monetary policy on hold through 2019

The State Bank of Viet Nam (SBV) will hold its benchmark refinancing and discount rates at 6.25 per cent and 4.25 per cent, respectively, in addition to maintaining its 14 per cent credit growth target for the remainder of 2019
Social housing lending rate proposed to be lowered

Social housing lending rate proposed to be lowered

The HCM City Real Estate Association has proposed social housing lending rates to be lowered to 3-3.5 per year to favourable conditions for low-income earners to afford homes.
Central bank to ease lending rates

Central bank to ease lending rates

The State Bank of Vietnam (SBV) buying net US$4 billion in January may be the way to lower Vietnamese dong lending rates.
Banks raise deposit rates but only short-term

Banks raise deposit rates but only short-term

Many commercial banks raised deposit interest rates in recent months, triggering worries about the increasing pressure on the lending rates. But some insist this was only a short-term measure.