Banks raise interest rates for long-term deposits

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SaigonTimes English 50 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 59 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 59 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 60 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 60 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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USD deposits increase despite zero interest rate

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Báo Dân Trí English 1 month(s) ago

USD deposits increase despite zero interest rate

Despite the government's efforts to minimise the dollarisation of the economy, the public have continued making deposits in US dollars because of fear over inflation and unstable policies.

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Short-term deposits hit 5.5% cap chasing long-term highs

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Báo Đầu Tư English 1 month(s) ago

Short-term deposits hit 5.5% cap chasing long-term highs

After pushing long-term rates to a two-year high of 8.38 per cent, some commercial banks continue to raise short-term deposits to the 5.5 per cent cap.

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Banks enjoy sharp rise in deposits

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Báo Dân Trí English 2 month(s) ago

Banks enjoy sharp rise in deposits

Local banks are seeing increasing number of deposits after the lunar new year as many people believe opening a new account provides good luck.

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Vietnam to set negative interest for dollar deposits: cbank governor

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Báo Tuổi Trẻ English 4 month(s) ago

Vietnam to set negative interest for dollar deposits: cbank governor

The State Bank of Vietnam may slash interest on deposits in U.S. dollars to even below the current rate of zero to continue its de-dollarization drive, particularly after the FED rate hike, the central bank’s governor has said.

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SBV cuts interest rate on dollar deposits to zero percent

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Báo điện tử CP English 4 month(s) ago 2 related news

SBV cuts interest rate on dollar deposits to zero percent

VGP – From December 18, interest rate on dollar deposits dropped from 0.25% to only zero percent, announced the State Bank of Viet Nam (SBV).

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Malaysia's anti-graft agency questions Najib over multi-million dollar deposits

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Báo Thanh Niên English 5 month(s) ago

Malaysia's anti-graft agency questions Najib over multi-million dollar deposits

Malaysian anti-corruption officials questioned Prime Minister Najib Razak on Saturday in an investigation into deposits of funds totaling 2.6 billion ringgit ($615.53 million) into his bank accounts that have prompted calls for his resignation.

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Some banks raise rates on Vietnamese dong deposits

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Báo Dân Trí English 6 month(s) ago 1 related news

Some banks raise rates on Vietnamese dong deposits

Some commercial banks have increased interest rates on Vietnamese dong (VND) deposits between 0.2 percent and 0.4 percent per year, making it the fourth rise since August this year.

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Some banks raise rates on VND deposits

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VietnamNet English 6 month(s) ago 1 related news

Some banks raise rates on VND deposits

Some commercial banks have increased interest rates on dong deposits between 0.2 per cent and 0.4 per cent per year, making it the fourth rise since August this year.

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Vietnam may withdraw overseas deposits to fund state budget

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VietnamNet English 7 month(s) ago

Vietnam may withdraw overseas deposits to fund state budget

VietNamNet Bridge - The State Bank of Vietnam (SBV) and the Ministry of Finance (MOF) are discussing a plan to withdraw overseas deposits of credit institutions to fund state investments.

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Experts hail Vietnam cbank for adjusting interest caps on dollar deposits

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Báo Tuổi Trẻ English 7 month(s) ago 2 related news

Experts hail Vietnam cbank for adjusting interest caps on dollar deposits

The adjustment of the interest rate caps on U.S. dollar deposits by companies and individuals earlier this week by the State Bank of Vietnam (SBV) has been lauded by experts as a necessary move to curb the dollarization of the national economy.

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