The State Bank of Vietnam (SBV) will continue directing commercial banks to reduce interest rates for customers affected by the COVID-19 pandemic, said Deputy Governor Dao Minh Tu at the ...
VCN- According to financial and banking experts, in previous years, deposit interest rates tended to increase before and after the Lunar New Year in order to mobilize idle capital from ...
In 2020, banks’ deposit interest rates plummeted, of which interest rates for one and two-month terms fell to an unprecedented level at 2.55% year.
In recent years, many banks, including large units, have raised their mobilizing interest rates.
VCN- In the direction of the Government, the requirement of reducing interest rates to support businesses and the economy is repeatedly mentioned. However, interest rates in 2018 are forecast to ...