» Lending Interest Rate

VnnNews – Indicators suggest that businesses now have less of a preference for loans in foreign currencies. VnnNews – Indicators suggest that businesses now have less of a preference for loans in foreign currencies. “Provident” businesses, which do not have income in foreign currencies, have shifted to borrowing in...

Tags: Currency Loans, Foreign Currencies, Foreign Currency, Foreign Currency Loans, In Foreign Currencies, Interest Rate, Interest Rates, Lending Interest Rate, Of The Dong, Per Annum, Percent Per, Percent Per Annum, The Dong

VnnNews – Banks say lending nterest rate decreases will slow because they find it difficult to slash deposit interest rates. VnnNews – Though banks have been cutting negotiable lending interest rates, only several banks have continued to do so since early May. Banks say lending nterest rate decreases will slow because they find...

Tags: Deposit Interest Rates, Interest Rate, Interest Rates, Lending Interest, Lending Interest Rate, Lending Interest Rates, Per Annum, Percent Per, Percent Per Annum, Rates Are Reasonable, Short Term Loans, Term Loans, The Bank, The Lending Interest, The Lending Interest Rate

VnnNews – Most businesses complain that lending interest rates have been inflated to unaffordable levels. 18 percent? Same old story Many commercial banks are now lending at 18 percent per annum, the new interest rate set after the State Bank of Vietnam (SBV) removed the cap on the lending interest rate. Nguyen Thanh Tan, director...

Tags: Interest Rate, Interest Rate Ceiling, Interest Rates, Lending Interest, Lending Interest Rate, Percent Per Annum, The Lending Interest, The Lending Interest Rate

VietNamNet Bridge – Commercial banks belittle reports that they are charging upwards of 20 percent per year on loans. Some sources have reported that commercial banks have pushed the interest rates on dong loans up to ‘abnormally high’ levels, as much as thirty percent per year, since the State Bank removed the cap on lending...

Tags: High Interest, High Interest Rates, Interest Rate, Interest Rates, Lending Interest Rate, Per Annum, Percent Per, Percent Per Annum

VnnNews – Negotiated interest rates for medium and long-term loans have reportedly reached 18 percent per annum. Financial analysts warn that if interest rates rise above 18 percent, businesses won’t borrow money from banks and will deposit money rather than doing business. According to Ly Xuan Hai, General Director of Asia...

Tags: Interest Rate, Lending Interest, Lending Interest Rate, Per Annum, Percent Per, Percent Per Annum, The Lending Interest, The Lending Interest Rate