Latest News about interest rates
Banks’ nine-month financial reports show that bad debts have increased compared with the beginning of the year, though the bad debt ratio has fallen.
With a positive macroeconomic background at the moment, interest rates will basically stay steady until the end of the year due to excessive liquidity and proper credit growth, according to an official from the State Bank of Vietnam.
The State Bank of Vietnam (SBV) said the official interest rates will be adjusted down as from September 16.
Real estate firms are rushing to issue corporate bonds, which analysts say shows their thirst for capital. But there are risks.