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Deposit rates drop further

HCMC – Commercial banks have lowered their deposit rates further since the State Bank of Vietnam’s latest rate cuts came into effect yesterday, April...

Some key interest rates fall further early next week

HCMC – The State Bank of Vietnam, the central bank, announced five separate decisions today, March 31, to further lower some key interest rates,...

Foreign ownership at some local banks may rise to 49%

HCMC - The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%. The Governor...

Interbank interest rates plunge

HCMC – Liquidity in the banking system has improved, which is evident in the strong decline in interbank interest rates. Last week, the interbank interest...

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...

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