Banks raise interest rates for long-term deposits

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SaigonTimes English 12 month(s) ago 2 related news

HCMC – Banks pulled down their rates for short-term deposits to equal to or lower than 9% on Monday, but the interest rates for long-term deposits were quoted at over 9% after the rate cap had been removed.

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State Bank caps 6% rate for non-term deposits

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Hanoi Times English 21 month(s) ago 10 related news

State Bank caps 6% rate for non-term deposits

The Hanoitimes - The State Bank of Vietnam (SBV) said it will set the ceiling interest rates for non-term Vietnamese dong (VND) deposits and deposits with terms less than o­ne month at 6% from October 1.

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State Bank caps 6% rate for non-term deposits

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Nhân dân English 21 month(s) ago 2 related news

Nhan Dan – The State Bank of Vietnam (SBV) said it will set the ceiling interest rates for non-term Vietnamese dong (VND) deposits and deposits with terms less than one month at 6% from October 1.

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Banks get nod to lend up to 80 pct on deposits

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Báo Đầu Tư English 22 month(s) ago 1 related news

Banks get nod to lend up to 80 pct on deposits

Commercial banks may lend over 80 per cent of their deposits, under a new circular issued by the State Bank of Vietnam. The new regulation would also allow non-bank credit institutions to lend up to 85 per cent of their deposits.

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Banks get nod to lend up to 80% on deposits

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VietNam News English 22 month(s) ago 1 related news

Commercial banks may lend over 80 per cent of their deposits, under a new circular issued by the State Bank of Viet Nam. The new regulation would also allow non-bank credit institutions to lend up to 85 per cent of their deposits.

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Several deposits put down for gold auction

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SaigonTimes English 1 month(s) ago 5 related news

HCMC – Many bidders on Wednesday put down deposits worth 10% of their bids at a price of VND43.6 million per tael for the auction of some 26,000 taels, or nearly one tons of gold, to be conducted by the central bank today.

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Banks to charge fees on gold deposits

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Nhân dân English 6 month(s) ago 2 related news

Banks to charge fees on gold deposits

Nhan Dan – The State Bank of Vietnam has ordered commercial banks to charge customers fees for gold deposits rather than offering interest on such types of savings.

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Banks officially cease gold deposits

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Báo Tuổi Trẻ English 6 month(s) ago

Banks officially cease gold deposits

Commercial banks have officially stopped mobilizing gold deposits as of Monday, adhering to the State Bank of Vietnam’s ban that took effect Sunday.

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Banks lure longer-term gold deposits

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SaigonTimes English 6 month(s) ago 8 related news

HCMC – Local banks are taking advantage of the central bank’s loosening move rescheduling the ban of gold mobilization until June 30 to attract longer-term gold deposits by raising gold interest rates.

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Ban on gold deposits to be upheld

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Hanoi Times English 7 month(s) ago 2 related news

The Hanoitimes - The State Bank of Vietnam has indefinitely extended the deadline for banks to cease accepting gold deposits in a bid to ensure the liquidity of the banking system in the remaining months of the year, State Bank deputy governor Le Minh Hung said o­n Thursday.

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Ban on gold deposits to be upheld

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VietNam News English 7 month(s) ago

The State Bank of Viet Nam has indefinitely extended the deadline for banks to cease accepting gold deposits in a bid to ensure the liquidity of the banking system in the remaining months of the year, State Bank deputy governor Le Minh Hung said on Thursday.

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Banks breach rate cap to attract deposits

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VietNam News English 7 month(s) ago

Small and large banks nationwide are competing with one another to attract much-needed deposits and improve their liquidity.

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Bank deposits rebound in July

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Báo điện tử CP English 8 month(s) ago

Bank deposits rebound in July

VGP – As of late July, the amount of bank deposits from economic organizations bounced back up to 1.27% against late 2011.

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Credit growth slows amid rising bank deposits

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Báo Tuổi Trẻ English 8 month(s) ago

Credit growth slows amid rising bank deposits

Total bank deposits have outstripped total credit growth of the local economy, according to the information released by the State Bank of Vietnam (SBV) at a recent cabinet meeting of the government at the Government Office in Hanoi.

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Resident foreign currency deposits on a decline

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Báo Tuổi Trẻ English 10 month(s) ago 1 related news

Resident foreign currency deposits on a decline

Resident deposits in foreign currencies have been on a downward trend since the early this year due to the stability of the foreign exchange rate between the US dollar and the Vietnam dong.

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