» Term Deposits

Some banks have lashed their interest rates again after SBV threatened to inspect banks applying deposit interest rates of 12 percent and higher. VnnNews – Some commercial banks have lashed their interest rates again after the State Bank of Vietnam (SBV) threatened to inspect banks applying deposit interest rates of 12 percent and higher.   Time...

Tags: Deposit Interest, Deposit Interest Rates, Do Not Want, Interest Rates, Lending Interest, Lending Interest Rates, Outstanding Loans, Real Estate, Real Estate Credit, Term Deposits

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...

Tags: Interest Rates, Per Annum, Percent Per, Percent Per Annum, State Bank, Term Deposits

VnnNews – While commercial banks need long term capital, they can only raise short term deposits. VnnNews – While commercial banks need long term capital, they can only raise short term deposits.   Deposit interest rate race kicks off Banks raising long-term US$ deposit interest rates < />Commercial banks clamour for end of...

Tags: Deposit Interest, Interest Rates, Long Term, Long Term Deposits, Month Term, Short Term, Short Term Deposits, Term Deposits

VnnNews – As commercial banks continuously raise the deposit dollar interest rates, they lower deposit gold interest rates. The US dollar deposit interest rates offered by Dong A Bank now hover around 4.2-4.5 percent for 12+ month deposits. High interest rates of 3.8-4.11 percent per annum are offered for shorter-term deposits. Similarly,...

Tags: Deposit Interest, Deposit Interest Rate, Deposit Interest Rates, Dollar Deposit, Dollar Deposit Interest, Dollar Deposit Interest Rates, Gold Deposit, Gold Deposit Interest, Interest Rate, Interest Rates, Month Deposits, Per Annum, Per Annum For, Percent Per, Percent Per Annum, Percent Per Annum For, Term Deposits

VnnNews – A curious phenomenon can be seen at commercial banks – the 9.99 percent interest rate for all kinds of deposits. With several hundred million dong in his pocket, Phuc wants to make a deposit. He has checked information on interest rates offered by different banks and noticed all offer 9.99 percent – the ‘three...

Tags: Commercial Banks, Interest Rate, Interest Rates, Month Term, Month Term Deposits, Per Annum, Percent Per, Percent Per Annum, Short Term, Term Deposits

VnnNews – It’s generally understood that SBV wants to keep loan interest rates low. However, banks still keep raising deposit interest rates.  ‘Elder banks’ jump onto the bandwagon The Bank for Investment and Development of Vietnam (BIDV) and Agribank,   which typically do not join the ‘interest...

Tags: Interest Rate, Interest Rates, Term Deposits