The increase in interest rates ranges between 0.1 percent and 0.2 percent per year. Commercial banks hope that the hike will attract more deposits to balance their capital source and meet lending demands in the year-end. The State Bank of Vietnam in 2016 is also targeting a credit growth rate of 20 percent. However, the SBV will act to keep interest rates stable as in 2015 and strive to lower interest rates of medium- and long-term deposits by an additional 0.3 to 0.5 percentage points.