Deposit interest rates may fall to 9 per cent by year-end
May 23, 2012 | 11:07
Deposit interest rates offered by commercial banks are likely to come down to between 9 and 10 per cent per annum by the end of this year, said Nguyen Van Binh, governor of the State Bank of Vietnam.
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.
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