Big banks hike deposit interest rates Business

Big banks hike deposit interest rates

Large banks are starting to join the deposit interest rate hike race along with small- and medium-sized banks due to rising capital demand pressure after a long time staying out of the game.
Bank liquidity abundant after Tet Business

Bank liquidity abundant after Tet

Liquidity of the banking system has been plentiful again after the Lunar New Year (Tet), helping the central bank net withdraw more than 51.55 trillion VND (2.2 billion USD) in the past week.
Top ten outstanding banking events of 2018 Business

Top ten outstanding banking events of 2018

In 2018, the banking sector witnessed many achievements such as increasing foreign exchange reserves, remittances, and profit, but also faced challenges in interest and foreign exchange rates.
Gap widens in deposit interest rates Business

Gap widens in deposit interest rates

A gap has opened up between deposit interest rates offered by different categories of banks due to differences in their liquidity, cash demand and status.
Banks cut short-term deposit interest rates Business

Banks cut short-term deposit interest rates

After two weeks of lowering lending interest rates for short-term VND loans following the State Bank of Vietnam (SBV)’s cue, several commercial banks have reduced their deposit interest rates.
Some banks cut deposit interest rates Business

Some banks cut deposit interest rates

Several commercial banks have unexpectedly slightly cut the dong-denominated deposit interest rates in the past week, according to report by the State Bank of Vietnam (SBV).