Banks court customers as capital tightens up
October 09, 2012 | 09:28
The limit in interbank activities and the stagnation of capital in non-performing loans is prompting banks to seek more deposits.
Banks bid to attract fresh gold deposits
November 21, 2011 | 19:09
Banks in Ho Chi Minh City are vying to increase interest rates on gold and deposits in unpopular foreign currencies, considering it as a solution to improve liquidity.
Draft law insures currency debate
November 12, 2011 | 17:00
The Draft Law on Deposits not insuring gold and foreign currency deposits has triggered diverse National Assembly opinions.
Banks told to raise foreign currency reserves
August 30, 2011 | 11:16
The State Bank of Vietnam on August 29 raised the foreign currency compulsory reserves ratio for commercial banks by 1 percentage point to 8 per cent of total deposits in a move to limit the growing number of new loans being made in US dollars.
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.
Banks up non-term rates for big savers
March 18, 2011 | 14:41
A number of commercial banks this week have begun offering non-term deposit interest rates as high as 9 per cent per year on large deposits.
US dollar interest rates to head south
March 15, 2011 | 16:13
US dollar deposit rates are forecast by industry insiders to slip downward in the coming period.
Deposit interest rates capped at 14 per cent
March 04, 2011 | 15:00
The State Bank of Vietnam issued Circular No 02/2011/TT-NHNN on March 3, capping interest rates that can be offered by commercial banks on dong deposits at no more than 14 per cent per year.
Central bank strives for stable macroeconomy
February 09, 2011 | 20:04
What is the central bank’s mission for 2011 after last year’s forex rate and interest rate troubles? Dr Le Xuan Nghia, Vice Chairman of the National Financial Surveillance Commission, shares his views with VIR.
Tough cure needed for ailing forex market
February 05, 2011 | 20:25
Over the past decade, the trade deficit along with high inflation has been named as the most alarming threat to Vietnam’s macroeconomy and to monetary management.
Deposit rates trigger dollarisation fears
January 24, 2011 | 10:00
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.
Banks hike interest rates on US dollars
January 15, 2011 | 13:30
Some smaller commercial banks in the past week have raised the interest rates they offer on US dollar deposits by 0.9 to 1.3 percentage points to as high as 6.1 per cent per year.
Frozen loans to be thawed
October 03, 2010 | 21:35
Last week’s eagerly awaited adjustment of banking safety ratios is expected to create more room for local banks to provide loans.
Bank deposits take a hit as inflation bites
August 17, 2004 | 18:15
Bank deposits are drying up with experts pointing a finger at the increase in compulsory reserve rates and a decision by large banks to cap deposit interest rates.
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