Deposits flowing back into banks

Deposits flowing back into banks

Deposits in the banking system are increasing in tandem with rising interest rates, amid a crisis in risky asset investment channels.
Deposit interest rates continue to rise

Deposit interest rates continue to rise

Banks have continued to raise deposit interest rates to the highest levels seen in the past year, with some banks offering over 6 per cent per annum.
Real estate companies offer discounts

Real estate companies offer discounts

Real estate companies are running a series of promotions.
Search expands for investing options amid market uptick

Search expands for investing options amid market uptick

The decline in deposit interest rates has prompted investors to explore alternative investment channels offering higher profits, as the stock market shows signs of recovery and specific segments of real estate prosper.
Credit growth high amid hikes in LDR

Credit growth high amid hikes in LDR

Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.
Hiking deposit interest rates helps ensure capital mobilisation for economy

Hiking deposit interest rates helps ensure capital mobilisation for economy

Increasing deposit interest rates is in line with the general trend, ensuring liquidity safety and capital mobilisation for the economy, Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha has said.
Banks begin to hike deposit interest rates

Banks begin to hike deposit interest rates

In October, the average interest rates on bank deposits for six months and 12 months were 4.7 per cent and 5.5 per cent, down half a percentage point from a year earlier, according to Bao Viet Securities Company.
Despite lower interest rates, people still put money in banks

Despite lower interest rates, people still put money in banks

Though the deposit interest rates of commercial banks have been reducing, people are still putting their money into banks amid the pandemic.
Central bank warns credit institutions over rate hikes

Central bank warns credit institutions over rate hikes

The State Bank of Vietnam (SBV) said it will closely monitor interest rates offered by credit institutions and take measures to strictly handle violations of the law, including cutting credit growth targets.
Greenbacks starting to be offloaded

Greenbacks starting to be offloaded

Greenback sales are bustling on the domestic market for the first time since the local currency was devalued against the US dollar.