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The dollar deposit interest rate has climbed to 5.5 percent per annum, while the gold interest rate has surged to two percent per annum. VnnNews – The dollar deposit interest rate has climbed to 5.5 percent per annum, while the gold interest rate has surged to two percent per annum. Gold continuously jumps to new heights, while the stock...

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Many banks are offering to lend dong to export companies at interest rates of 12-12.5 percent per annum only, but businesses still claim the loans are out of reach. VnnNews – Many commercial banks are offering to lend dong to export companies at interest rates of 12-12.5 percent per annum only, but businesses still claim the loans are...

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VnnNews – As inflationary fears ease, bankers expect the deposit interest rate to settle at ten percent per annum VnnNews – As inflationary fears ease, bankers expect the deposit interest rate to settle at ten percent per annum and lending interest rates to creep down toward the twelve percent range.   With capital more...

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VnnNews – The State Bank of Vietnam had a meeting with commercial banks at which the central bank once again repeated its request for interest rates to be lowered VnnNews – The State Bank of Vietnam had a meeting with commercial banks at which the central bank once again repeated its request for deposit interest rates to be lowered...

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VnnNews – A lot of commercial banks have launched new lending programs, offering to lend with preferential interest rates to expand their credit. VnnNews – A lot of commercial banks have launched new lending programs, offering to lend with preferential interest rates to expand their credit.   Economist argues interest rates...

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VnnNews – Notwithstanding State Bank guidance, some commercial banks are now offering an 11.99 percent annualized rate on term deposits.  VnnNews – Notwithstanding State Bank guidance, some commercial banks are now offering an 11.99 percent annualized rate on term deposits.    Time needed to ease interest rates With...

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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...

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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...

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VnnNews – Though commercial banks have increased deposit interest rates, they still have not seen capital increase considerably. VnnNews – Though commercial banks have increased deposit interest rates for the last two weeks, they still have not seen capital increase considerably.< />   With capital more abundant, banks ease...

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VnnNews – It’s anticipated that commercial banks will offer short term loans at a real interest rate of fourteen percent/annum. . .   The target lending rate was discussed on April 2, at a meeting convened by the State Bank of Vietnam (SBV) with commercial banks in Hanoi and HCM City, and is widely seen as a step by the central...

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