bank deposits

Update news bank deposits

Deposits at Vietnamese banks reach record high of US$628 billion

Despite low interest rates, bank deposits have reached a new historic peak of VND16 quadrillion (US$628.5 billion) as of the end of March, according to the latest data from the central bank.

Home-loan interest rates rise, low-income earners struggle to find accommodations

After a long period of staying at a low level, home loan interest rates have begun to increase. With higher house prices and interest rates, the dream of owning a house is becoming more difficult.

Unavoidable interest rate hikes

Banks’ recent deposit rate hikes indicate a liquidity crunch.

Authorities want banks to give up corporate bond addiction

The Ha Noi Stock Exchange said that Nha Trang Bay Investment and Construction Joint Stock Company successfully issued private corporate bonds worth VND650 billion (US$28.2 million), all of it to the Viet Nam Maritime Bank.