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Thursday, December 19, 2024

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deposit rate

Deposit rates rise in July

HCMC - Many commercial banks, big and small alike, offered higher long-term deposit rates in early July, at up to 7% per year. The Asian...

Banks begin to hike deposit rates

HCMC – Commercial banks are rushing to increase deposit rates to speed up their capital mobilization. Twelve of over 30 banks have raised their deposit...

Should monetary policy be loosened?

While central bankers worldwide have yet to tighten their monetary policies or have just embarked on the path to harsher austerity, it may be...

Major banks continue deposit rate cuts

HCMC – Many large commercial banks have continued lowering deposit rates for various tenors aimed at reducing lending rates to support businesses and residents...

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