Commercial banks raise interest rates

by VTV12 September 2015 Last updated at 10:32 AM

VTV.vn - 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.

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. According to economists, the current slight increase in interest rates is just a temporary blip as banks struggle to retain their customers.

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