Be concerned about hindering cooperation when limiting deposits at people

Be concerned about hindering cooperation when limiting deposits at people's credit fund

VCN - SBV Deputy Governor Dao Minh Tu assessed that, in recent years, basically, the operation of people's credit unions is safe and healthy, and some places with limitations have also been detected and rectified soon. Many funds have had development in t
Bank race to attract demand deposits cools down

Bank race to attract demand deposits cools down

The race to lure demand deposits, or current account savings account (CASA), among banks seems to be decelerating as it is more difficult for them to attract the cheap capital source in the context of high interest rates on term savings.
Bank deposits surge in wake of interest rate hike

Bank deposits surge in wake of interest rate hike

Thanks to increases in savings interest rates, deposits at banks increased strongly in the first two months of this year after declining last year.
Banks racing to "digitize" to attract deposits

Banks racing to "digitize" to attract deposits

Mr. Nguyen Dinh Tung, General Director of OCB, said that many loan products cannot be digitized, especially products related to notarization and registration of secured transactions.
Increasing interest rates to trend

Increasing interest rates to trend

VCN- According to a survey, there are two banks on the market that have adjusted to increase deposit rates, namely Techcombank and VPBank.
Enterprises earn trillions of VND in interest income

Enterprises earn trillions of VND in interest income

VCN- Although they have more cash, many businesses are also suffering from huge loans of tens of billions of VND.
Central bank mulls term deposits for foreigners

Central bank mulls term deposits for foreigners

The State Bank of Vietnam (SBV) is collecting feedback on a draft circular that will, among other things, allow non-residents legally present in Vietnam to make term deposits in both VND and foreign currencies.
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