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Saturday, November 30, 2024

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Financial Markets

Banks further cut deposit rates

HCMC - Commercial banks have recently further lowered interest rates for deposits, with the lowest rates now hitting 1.7% per annum, according to Thanh...

Govt weighs empowering central bank governor on special loans

HCMC - The Government is considering authorizing the Governor of the State Bank of Vietnam (SBV) to approve zero-interest special loans. This proposal is part...

Government calls on banks to further cut lending rates

HCMC - The Government has urged commercial banks to make things easier for residents and businesses to take out loans. These measures include cutting costs,...

Banks get one-off credit growth quota allocations for 2024

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has made one-off credit growth quota allocations for commercial banks right at...

Overnight interbank rates surge

HCMC - Overnight interbank interest rates in Vietnam have surged to a two-month high, nearly quadrupling compared to the previous week, according to data...

Bond buybacks up 5.8% y-o-y

HCMC - Corporate bond buybacks before maturity had amounted to VND230.2 trillion in the year to December 25, up by 5.8% year-on-year, according to...

Banks redeem bonds worth VND26 trillion in Jan-Nov

HCMC – Vietnamese banks bought back their bonds totaling VND26 trillion in the January-November period. VND247.6 trillion worth of corporate bonds was issued in the 11-month...

PM urges strengthening of credit growth management

HCMC - Prime Minister Pham Minh Chinh has written to three government ministers telling them to strengthen credit growth management in a way that...

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