Lenders lift interest rates to reflect credit-deposit imbalance

Lenders lift interest rates to reflect credit-deposit imbalance

Vietnam’s deposit market is showing renewed activity as private banks lift interest rates to attract funds, driven by robust credit growth and increasing pressure to balance funding.
SBV aiming to harmonise monetary market players

SBV aiming to harmonise monetary market players

The State Bank of Vietnam is attempting to stabilise lending rates while also mobilising credit institutions to continue reducing operating costs and support both individuals and businesses.
Balancing act to calm the market

Balancing act to calm the market

In 2011, the State Bank took the first key steps towards restoring the balance between the money market and capital market.