Banks raise interest rates for long-term deposits

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SaigonTimes English 31 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 40 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 41 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 42 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 42 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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Vietnam state bank proposes fee on cash deposits

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Báo Thanh Niên English 5 month(s) ago 1 related news

Vietnam state bank proposes fee on cash deposits

In its latest efforts to restrict cash transactions, the State Bank of Vietnam has proposed new rules that would allow local banks to collect fees on cash deposits, VnExpress reported Friday.

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Banks still attractive despite low deposit rates

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Báo Đầu Tư English 6 month(s) ago

Banks still attractive despite low deposit rates

The latest figures from the State Bank of Vietnam’s Monetary Policy Department show that as of April 22, total bank deposits had risen 3.09 per cent against the beginning of this year, with dong deposits rising 4.26 per cent but with US dollars down 3.98 per cent.

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Banks reduce interest rates on deposits

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VietNam News English 9 month(s) ago 1 duplicate news

Banks reduce interest rates on deposits

Facing difficulties in lending, many commercial banks have reduced their interest rate on dong deposits.

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Bank deposits remain safest investment

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Báo Dân Trí English 12 month(s) ago

Bank deposits remain safest investment

Despite the rising popularity of more risky investments, such as in the stock market and gold investment, bank deposits are still considered the safest and surest way to keep money and earn stable returns in 2014.

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Buyers bemoan social housing deposits

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VietNam News English 15 month(s) ago

Buyers bemoan social housing deposits

The Ministry of Construction plans to allow investors of social housing projects to collect deposits from homebuyers, according to Deputy Minister Nguyen Tran Nam.

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Australia plan to tax bank deposits

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VietNam News English 17 month(s) ago 1 duplicate news

Australia plans to slap a levy on bank deposits to help boost its coffers with the money raised used to protect savings against a bank collapse, sparking criticism yesterday from the industry.

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No fluctuation in deposits despite ceiling rate cut

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SaigonTimes English 18 month(s) ago

HCMC – There has been no sharp fluctuation in bank deposits over the past week after the deposit rate cap was lowered.

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Exchange rate up, deposit rate cap down

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SaigonTimes English 18 month(s) ago

Exchange rate up, deposit rate cap down

HANOI/HCMC – The central bank on Thursday adjusted up the inter-bank exchange rate while slashing the ceiling interest rate for local currency deposits to 7% and that for U.S. dollar deposits to 1.25% per year.

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Shares buoyant for second day

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VietNam News English 18 month(s) ago 1 related news

Shares continued to add value on both national stock exchanges yesterday.Interest rates were officially reduced to 7 per cent for deposits in Vietnamese dong and 1.25 per cent for deposits in US dollars.

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Investors on Phu Quoc likely forced to place deposits

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SaigonTimes English 18 month(s) ago

HCMC – Kien Giang Province authorities are examining investment projects on Phu Quoc Island and will likely force owners of idle projects to place deposits if wanting to invest on this tourism island, a provincial official said.

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