New interest rate level forecast in Q2 2021 Business

New interest rate level forecast in Q2 2021

After staying at a low level last year, deposit and lending interest rates will probably increase in the second quarter of this year as credit demand is high again when the COVID-19 pandemic is controlled and the economy rebounds further, according to experts.
Interest rates remain at lowest levels Business

Interest rates remain at lowest levels

Though some banks increased their deposit interest rates early this month, it is not a common trend and the rate currently is still at the lowest level it has been in many years.
Central bank extends credit growth limits Business

Central bank extends credit growth limits

The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30 percent.
Interest rate for home loans forecast to stay low in 2021 Business

Interest rate for home loans forecast to stay low in 2021

Interest rates for home loans are expected to be kept at a low level next year to stimulate demand for real estate, which coupled with macro-economic recovery and an increase in supply is hoped to promote the housing market's development, according to a report from the securities company VNDirect.