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Financial Markets

Financial Markets

Over 20 banks lower deposit rates

Thanh Tam -
HCMC – Over 20 banks have cut deposit interest rates, with the highest rate now set at 8.5% per year. The rate cuts followed the...
Financial Markets

Major banks further lower deposit interest rates

Ngoc Nguyen -
HCMC - Several major banks have slashed their deposit interest rates by 0.5 percentage point compared to those in mid-May, right after the State...
Financial Markets

Central bank, 26 bank leaders convene

Dat Thanh -
HCMC – The State Bank of Vietnam (SBV), the nation’s central bank, held a meeting to discuss interest rate reductions with 26 banks this...
Financial Markets

Central bank cuts interest rates further in easing cycle

Chuong Pham -
HCMC - The State Bank of Vietnam (SBV) has announced two separate decisions further lowering key interest rates, with effect from Thursday, May 25....
Financial Markets

SBV proposes increasing Agribank’s charter capital to over VND51 trillion

Dat Thanh -
HCMC – The governor of the State Bank of Vietnam, Nguyen Thi Hong, has proposed revising up the charter capital of the State-run Vietnam...
Financial Markets

There is ample room for lending – SBV HCMC

Dat Thanh -
HCMC – There is still much room for lending as credit growth has so far this year remained modest while the full-year loan expansion...
Financial Markets

G-bond coupons slide further in April

Ngoc Nguyen -
HCMC - The coupons of G-bonds in all tenors dropped a further 14 to 27 basis points in April compared to the previous G-bond auction...
Financial Markets

Deposit rates fall further

Dat Thanh -
HCMC – Following the central bank’s interest rate cuts in April, commercial banks have lowered deposit rates further this month. Annual deposit rates now range...
Financial Markets

Bond market still gloomy – FiinRatings

Dat Thanh -
HCMC – Following a surge in corporate bond issues in March, the bond market has returned to its lackluster state with merely one issue...
Financial Markets

Major banks lower deposit interest rates

Ngoc Nguyen -
HCMC - Deposit interest rates at many major banks in Vietnam have been lowered by 0.1 to 1.1 percentage points compared to those in...
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