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Wednesday, December 18, 2024

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interest rates

Policy timing is almost everything

Commercial banks are mainly raising short-term interest rates. Some major banks have yet to get involved the interest rate hike race. They have taken precautions...

An insight into Vietnam’s indebtedness

National debt, or foreign debt, when reaching an excessive level, often leads to an economic crisis. Given debt crises in multiple countries, especially poor...

Why are interest rates picking up?

The first half of the year saw interest rates edging up 0.5-1 percentage point against the end of last year. Liquidity in the banking system...

Mobile deposit on the rise

Mobile banking often leads clients to using multiple convenient services, such as taking out a loan and registering for a bank card. This is...

Unavoidable interest rate hikes

Banks’ recent deposit rate hikes indicate a liquidity crunch. Is inflationary pressure huge? Deposit interest rates at banks such as BaoViet Bank, ACB, Techcombank and Sacombank...

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...

The race to hike interest rates is on

Savings interest rates are on the rise and likely to go up further in the coming months. Adding 0.5-1 percentage point per annum to the...

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