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Wednesday, July 24, 2024

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interest rates

Interbank interest rates rise

HCMC - Interbank interest rates in Vietnam have recently climbed to 2.2%, the highest level since mid-June this year. Data from the State Bank of...

Forex and interest rates on collision course

As credit growth is losing steam, most banks have lowered borrowing rates to reduce the capital cost and enable themselves to cut lending rates...

Banks sit on mountains of cash: SBV official

 The banking sector in Vietnam is currently sitting on mountains of cash as the demand for loans in the economy remains woefully low, said...

Banks sit on mountains of cash: SBV official

HCMC - The banking sector in Vietnam is currently sitting on mountains of cash as the demand for loans in the economy remains woefully...

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...

SBV tells banks to further cut lending rates

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has written to commercial banks asking them to further lower lending rates. Domestic...

Forex speculation concern

Interest rates for Vietnam dong currency have steadily inched down recently but dollar interest rates on the interbank market have remained high, fueling concern...

Interest rates decline but remain high

Your browser does not support the video tag. After four consecutive policy interest rate cuts by the central bank, the average annual rates on deposits...

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