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Saturday, February 22, 2025

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deposit interest rates

Banks adjust interest rates after Lunar New Year

HCMC – Vietnamese banks made mixed adjustments to deposit rates in the first week following the Lunar New Year holiday, with some raising rates...

Continued rise in interest rates

Putting exchange rate volatility and inflation under control results in money supply growth slowing, thus piling pressure on interest rates. However, economic recovery and...

Deposits surge despite rate cuts

Despite the ongoing run of interest rate cuts, deposits have continued flowing into the banking system. This is an omen of economic conditions getting...

Deposit interest rates plunge to record lows

HCMC – Several major banks have reduced interest rates for 12-month deposits to below 5.5% per year, which is lower than the level during...

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...

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...

Major banks further cut deposit rates

HCMC – Four State-run banks have further reduced interest rates for deposits of various tenors in a bid to make loans cheaper for businesses...

Banks lower deposit interest rates further

 State-owned and private banks have recently lowered their deposit interest rates in response to the decision by the State Bank of Vietnam (SBV) to...

Banks lower deposit interest rates further

HCMC - State-owned and private banks have recently lowered their deposit interest rates in response to the decision by the State Bank of Vietnam...

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