Deposit rate hikes still lingering

Deposit rate hikes still lingering

Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.
US-China trade tensions fuel exchange and deposit rate

US-China trade tensions fuel exchange and deposit rate

The US-China trade tensions and China’s currency devaluation have cast adverse impacts on interest rates in the local banking system.
Foreign banks lower deposit rates

Foreign banks lower deposit rates

After the central bank announced its intention to lower the ceiling deposit rate to less than 13 per cent, several foreign banks have reduced their rates while local banks have yet to make any move.
State Bank chief has full plate

State Bank chief has full plate

Reducing Vietnam’s lending interest rate, stabilising the VND/USD exchange rate and consolidating the bulky system of credit institutions are all high on newly-elected State Bank Governor Nguyen Van Binh’s agenda.
Deposit rates trigger dollarisation fears

Deposit rates trigger dollarisation fears

Local banks are hiking mobilising interest rates for dollar deposits as demand for dollar-denominated credit keeps rising, a trend which has given rise to fears of dollarisation.
Banking in 2011

Banking in 2011

Vietnam Investment Review spoke with the head of Ho Chi Minh City Banking University’s Business Management Faculty, Dr. Le Tham Duong about the banking authorities’ targets to control credit growth in 2011 and what opportunities and challenges the banking sector faces in the year ahead.