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Thursday, April 25, 2024

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Four state-owned banks cut deposit rates

HCMC - Vietnam's big four state-owned commercial banks today, March 15, lowered their 12-month-term deposit interest rate by 20 basis points to 7.2%, just...

Central bank inspect 11 banks

HCMC – The State Bank of Vietnam, the country's central bank, has taken punitive measures against several of 11 commercial banks that have been...

Banks slash deposit rates

HCMC - Ten commercial banks have cut their deposit rates by 0.3-0.8 percentage point following a meeting between the central bank and commercial banks...

SBV sets new credit growth limits for banks

HCMC – Eight commercial banks have received new credit growth quotas for this year, with seven of them entitled to lend less than last...

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