Vietnamnet.vn
Podcast
vietnam interest rates
Update news vietnam interest rates
Vietnam banks face profit squeeze as rate cuts weigh on shares
Vietnamese banks have been ordered to cut deposit rates by at least 0.5 percentage points and lending rates by 1.5-2 percentage points to support economic growth, raising concerns over profitability, asset quality and banking stocks.
Vietnam banks told to cut interest rates, BIDV offers loans at 6-7%
Vietnam's central bank has ordered lenders to cut deposit rates by at least 0.5 percentage points and reduce lending rates by 1.5-2 percentage points, while warning against aggressive competition for deposits that could threaten financial stability.
VN orders banks to cut interest rates while safeguarding financial stability
Vietnam's central bank has directed lenders to lower deposit and lending rates to support businesses and economic growth, while stressing the need to contain inflation, maintain credit quality and protect the banking system.
Vietnam central bank governor summons bank chiefs for urgent meeting
Vietnam's central bank governor convened top commercial bank executives on October 19, requiring their personal attendance after ordering immediate cuts to deposit and lending rates to support economic growth and safeguard financial stability.
