Central bank intensifies efforts to stabilise interest rates
January 13, 2012 | 15:31
The State Bank of Vietnam (SBV) is aware of rising flout of the capped deposit interest rate and more drastic measures will be applied in the first quarter of 2012.
SBV Governor admits shortcomings over interest rate cap
November 26, 2011 | 09:43
The Governor of the State Bank of Vietnam (SBV) admitted in answers to a National Assembly cross-examination on November 25 that lax management had resulted in violations of the 14 per cent ceiling deposit interest rate.
Usual suspects still haunt banks
November 21, 2011 | 07:21
Vietnam’s macroeconomy recently exhibited some good signs, with October’s consumer price index data rising only slightly against September, by 0.36 per cent and representing the lowest increase this year.
Banks suffer liquidity strains as deposits fall
May 23, 2011 | 09:17
People are still shunning Vietnamese dong deposits and smiling on banking in US dollars and gold this year, causing local currency liquidity problems for some local banks.
Greenbacks starting to be offloaded
March 02, 2011 | 15:00
Greenback sales are bustling on the domestic market for the first time since the local currency was devalued against the US dollar.
Banks look to end 2010 with a bang
December 13, 2010 | 14:18
“Most banks are trying to meet their deposit growth rate and total asset targets”
Negotiable interest rates on deposits latest draw from banks
November 16, 2010 | 22:23
A number of banks in Vietnam are offering negotiable deposit rates in a bid to attract more customers
Banks rush to compete as interest rates reach 12 per cent
November 08, 2010 | 21:56
Commercial banks raised their VND deposit interest rate to 12 per cent per annum from today (November 8), while racing to offer promotions to attract deposits.
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