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Tag
bank deposit
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Bank deposits reach new record
Bank deposits reached a new historic record of VND13.5 quadrillion (US$554.53 billion) by the end of 2023, up 14% from the previous year.
Retail depositors overwhelm banks as other asset classes remain in a slump
Retail bank deposits climbed to a record VND6.45 quadrillion (US$266.07 billion) at the end of September due to investors’ lack of confidence in most other asset classes.
Bank deposits grow despite lower interest rates
Individual bank deposits grew 9.7% in the first 8 months of this year despite decreased interest rates, as the unattractive stock and real estate markets left few investment options.
October 30, 2023 | 08:35 pm PT
Banks find it difficult to attract deposits on interest rate cuts
The growth in bank deposits in the first eight months of the year was the lowest in five years as interest rates dropped and Covid-19 hit incomes.
October 30, 2020 | 08:37 pm PT
Investors find corporate bonds’ high interest rates attractive
Corporate bond issuances in the first half were worth VND159 trillion ($6.9 billion), a 50 percent year-on-year increase.
July 8, 2020 | 11:00 pm PT
Regional investors flock to Vietnam's property market
Both local and foreign investors alike are keen even as upcoming regulations can tighten credit to real estate.
November 16, 2016 | 07:13 pm PT
State investment firm SCIC earns $46 million from bank deposits
The State Capital Investment Corporation (SCIC) earned over VND1 trillion ($46 million) from bank deposits last year, its corporate financial statement showed.
April 1, 2016 | 08:46 pm PT
