Banks continue lowering deposit rates amid abundant capital

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Báo Dân Trí English 1 week(s) ago

Banks continue lowering deposit rates amid abundant capital

A number of Vietnamese banks have continued slashing deposit interest rates for some short terms to below the ceiling level regulated by the State Bank of Vietnam (SBV).

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Interest rate dip fails to stimulate lending

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Báo Đầu Tư English 1 week(s) ago

Interest rate dip fails to stimulate lending

In mid-March the State Bank announced it would ease the ceiling interest rate applicable to one to six month term deposits by 1 per cent, to 6 per cent.

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New circular won't affect indirect investment

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VietnamNet English 2 week(s) ago

New circular won't affect indirect investment

VietNamNet Bridge – A newly-issued circular from the State Bank of Viet Nam would not affect foreign indirect investment (FII) in Viet Nam, according to experts.

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New circular won't affect indirect investment: experts

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VietnamPlus English 3 week(s) ago

A newly-issued circular from the State Bank of Vietnam would not affect foreign indirect investment (FII) in the country, according to experts.

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Big cash holders put money into circulation as interest rates down

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VietnamNet English 3 week(s) ago

Big cash holders put money into circulation as interest rates down

VietNamNet Bridge – Making long term deposits instead of short term, or putting money into other investment channels--is the way the businesses keeping big money in their coffers tries after the ceiling bank interest rate reduced to 6 percent per annum.

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New circular won't affect indirect investment

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VietNam News English 3 week(s) ago

A newly-issued circular from the State Bank of Viet Nam would not affect foreign indirect investment (FII) in Viet Nam, according to experts.

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Sacombank shareholders greenlight merger

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VietNam News English 3 week(s) ago 2 duplicate news

Sacombank shareholders yesterday agreed to the bank's plan to merge with Southern Bank which will be implemented this year if the feasibility study is approved by the authority and shareholders.

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BUSINESS IN BRIEF 26/3

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VietnamNet English 3 week(s) ago 1 related news

UNDP chief urges reforms to target inclusive economic growth

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City deposits grow, credit heads south

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VietNam News English 3 week(s) ago

HCM City's total capital mobilization reached VND1.16 trillion (US$55.18 million) this month, constituting a 1.9 per cent month-on-month or 15.1 per cent year-on-year (yoy) increase, noted the municipal Statistic Office.

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Lower interest rates aim to improve national economy

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VietnamPlus English 1 month(s) ago

Banks are optimistic and willing to offer low-interest loans as the State Bank of Vietnam (SBV) lowered its caps for the first time this year, according to the English language online newspaper dtinews.

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Bonds sales rise despite falling yield

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VietStock FI English 1 month(s) ago 2 related news

Government bonds reportedly rose in the market, while the yield sank to a nine-month low on March 18 when the central bank cut the interest rates of refinancing and deposits.

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Bonds sales rise despite falling yield

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VietnamPlus English 1 month(s) ago 2 related news

Government bonds reportedly rose in the market, while the yield sank to a nine-month low on March 18 when the central bank cut the interest rates of refinancing and deposits.

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Deposit rates lowered to boost credit growth

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VietnamPlus English 1 month(s) ago

The State Bank of Vietnam (SBV) on March 18 lowered the interest rate cap on bank deposits of up to six months by 1 percentage point to 6 percent as part of efforts to boost credit growth.

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Bonds sales rise despite falling yield

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VietNam News English 1 month(s) ago 2 related news

Government bonds reportedly rose in the market, while the yield sank to a nine-month low on March 18 when the central bank cut the interest rates of refinancing and deposits.

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Lower deposit rate cap won't have significant impact: banks

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VietNam News English 1 month(s) ago 1 related news

The State Bank of Viet Nam yesterday lowered the interest rate cap on bank deposits of up to six months by 1 percentage point to 6 per cent as part of efforts to boost credit growth.

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