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Wednesday, December 18, 2024

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deposit rates

Banks raise deposit interest rates

HCMC – Several banks have increased deposit interest rates, with some offering 6-6.3% annually for long tenors. BVBank offers an annual rate of 6.3% for...

Personal deposits near VND7 quadrillion

HCMC – Personal deposits at commercial banks in Vietnam totaled nearly VND7 quadrillion as of August, up by 6% against the end of 2023,...

Banks further cut deposit rates

HCMC - Commercial banks have recently further lowered interest rates for deposits, with the lowest rates now hitting 1.7% per annum, according to Thanh...

Banks on edge

Around this time last year, the cash flow was obstructed, and a widespread liquidity crunch was reported across the board, driving up interest rates,...

Private banks lower deposit rates

 Private banks have lowered interest rates for deposits with tenors of six months and beyond, while state-run banks have kept their rates unchanged.

Private banks lower deposit rates

HCMC – Private banks have lowered interest rates for deposits with tenors of six months and beyond while state-run banks have kept their rates...

Deposit rates fall further

 Following the central bank’s interest rate cuts in April, commercial banks have lowered deposit rates further this month.

The May fear factor

Data in the past showed that the market performance in May was not always the worst. In recent years, the “selloff in May” phenomenon...

Associations propose halving car registration fee

 HCMC – Associations have proposed the central Government halve the registration fee for locally assembled or manufactured cars during the first half of the...

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