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Loan interest rates in Indonesia are currently the highest among ASEAN nations, the Indonesian Chamber of Commerce and Industry (Kadin) said.

Businesses in southern Dong Nai province have called for reducing bank interest rates and restructuring debt repayment to enable them to resume operations now that the COVID-19 pandemic is basically under control.

Deposit interest rates at commercial banks will continue to decrease and remain at low levels in the coming months, analysts forecast.

Sixteen banks in Vietnam reduced a total of 12.23 trillion VND (536.2 million USD) in interest rates for borrowers affected by the COVID-19 pandemic from July 15 to September 30, equivalent to 59.36 percent of their commitments, according to the State Bank of Vietnam.

Since commercial banks has seen big earnings during the third quarter of 2021 despite social distancing measures in place in many cities and provinces, insiders believed there is still room for lenders to further cut interest rates for enterprises affected by COVID-19.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has unveiled an online preferential credit package of 5 trillion VND (220 million USD) with an interest rate of only 4.99 percent.

The deposit interest rates at major banks has continued to decrease since the beginning week of September.

The State Bank of Vietnam (SBV) has issued a Decision 1349/QD-NHNN on interest rates applicable to reserve requirement deposits and excess reserves of credit institutions and foreign banks’ branches in the SBV.

The liquidity of the banking system has risen recently, helping cool interbank interest rates.

The State Bank of Vietnam (SBV) will continue directing commercial banks to reduce interest rates for customers affected by the COVID-19 pandemic, said Deputy Governor Dao Minh Tu at the Government’s press conference on August 11. ​

From now until the end of the year, the State Bank of Vietnam will review and consider revising credit growth targets for credit institutions and priority is expected to be given to those that reduce loan interest rates.

Most banks have agreed to cut the lending rate for enterprises hard hit by the COVID-19 pandemic from this month until the end of this year.

Ho Chi Minh City has started its hugely successful annual consumer price stabilisation programme for 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.

As banks are offering low interest rates, many securities companies are seeking way to mobilise capital from investors by offering higher interest rates.

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.

Credit loans must be always available for production and business enterprises, especially those operating in such areas as agriculture, export and high-tech, Prime Minister Nguyen Xuan Phuc said on December 26. ​

Vietnam Airline Corporation, coded HVN on the stock exchange, said it will organise an unusual shareholders’ meeting on December 29 to seek shareholders’ approval for issuing more shares to current investors to increase its charter capital.

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 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.