News for: interest rate

Central bank further cuts benchmark interest rate to aid economy

09/30/2020 18:37 - The State Bank of Vietnam (SBV) on September 30 announced its decision to lower the benchmark interest rate as part of efforts to support the national economy amid difficulties posed by the COVID-19 pandemic.

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Key rate cut affects interest rates

09/16/2019 13:28 - The State Bank of Vietnam (SBV) officially cut several key interest rates by 0.25 percentage points on Monday.

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Lending rates reduced to support businesses in priority areas

08/02/2019 09:31 - Four state-owned commercial banks will reduce lending interest rates by 0.5% per year, starting August 1st.

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Opposite trends in interest rates & interbank rate

03/06/2019 14:34 - The highest deposit interest rates in some banks reached 8.6% per year, yet interest rates in the interbank market witnessed consecutive declines in the last two months.

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Stock market to perform well in 2018

04/24/2018 13:51 - Bloomberg recently forecast that Vietnam may become the best-performing stock market in Asia for the second consecutive year.

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First banks reduce loan interest rates in 2018

01/11/2018 07:35 - Commercial banks will reduce their interest rates for loans in January 2018, and large banks will take the lead.

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Interest rates no longer decisive for businesses

05/03/2016 16:35 - Although interest rates have reduced by more than 50% in recent years, many companies still express concerns over exchange rate volatility.

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Interest rates trend upwards

03/10/2016 18:00 - In the past few weeks, a number of banks have raised their interest rates to 8% per year or higher, with concerns among businesses that rates may rise.


Commercial banks raise interest rates

09/12/2015 10:32 - Commercial banks have followed in the footsteps of the State Bank of Vietnam’s adjusted exchange and interest rates with marginal increases in lending rates. However, lenders are anxious loan rates may increase as deposit rates have risen.

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Interest rate trend 2015 reviewed

07/03/2015 11:57 - The State Bank of Vietnam recently announced that it will maintain the interest rate policy set at the beginning of 2015. Banks have set interest rates at 6.8-7% per annum, and the credit growth target is set at 13-16%.

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Mid-market rates: 2024-02-22 11:54 UTC