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Friday, October 25, 2024

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Financial Markets

Central bank lowers interest rate caps

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has once again lowered the maximum deposit interest rate for tenors below...

Deposits soar in Q1 despite interest rate cuts

HCMC - Individuals’ deposits at commercial banks in the first quarter of 2023 soared by around VND415 trillion, the highest level in over 10...

Major banks further lower deposit interest rates

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...

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