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Saturday, January 11, 2025

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Financial Markets

Two major banks reduce deposit interest rates to 5.5%

HCMC – Two major state-run commercial banks, Vietcombank and Agribank, have lowered their deposit interest rates to 5.5% per year, matching the lowest level...

Banks sit on mountains of cash: SBV official

HCMC - The banking sector in Vietnam is currently sitting on mountains of cash as the demand for loans in the economy remains woefully...

VND25 trillion worth of corporate bonds issued in August

HCMC - The corporate bond market demonstrated robust signs of recovery in August, with 22 rounds of bond issues via private placement worth a...

Bank deposits rise for sixth straight month

HCMC – Bank deposits had continued to surge by the end of June amid falling deposit interest rates and a rebounding stock market, showed...

Major banks lower deposit interest rates below 6%

HCMC – Several major banks have reduced their deposit interest rates to below 6% per year. This marks the fifth significant interest rate cut...

Bonds worth nearly VND5.8 trillion traded in new trading system

HCMC - The newly introduced trading system for privately-placed corporate bonds has facilitated transactions totaling around VND5.8 trillion since it was launched last month,...

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