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bank deposits
Banks forced to hike interest rates as deposits dry up
Banks are finding it hard to mobilize deposits, and are engaged in an interest rate race.
Depositors protected by government, central bank assures SCB customers
Bank deposit interest rates remain in free fall
Businesses hike deposits at banks
Businesses and organizations' accumulated deposits at banks have risen by 4.7% in the first six months to a record VND5.98 quadrillion (US$244.4 billion) by the end of June.
September 5, 2023 | 05:31 am PT
Citizens' deposits reach new historic peak
Citizens’ deposits rose 1.6% from the beginning of the year to a new historic peak of VND6.64 quadrillion ($261 billion) by the end of February, official data shows.
June 3, 2024 | 03:45 am PT
Citizens' deposits at banks reach record high
Citizens’ deposits reached a historic peak of VND6.676 quadrillion (US$262.2 billion) as of the end of March, according to the State Bank of Vietnam.
June 24, 2024 | 09:50 pm PT
Citizens' deposits rise to new record high
Total deposits from citizens at banks have reached a new all-time high of VND6.8 quadrillion (US$276.3 billion) as of the end of July, according to the State Bank of Vietnam.
October 4, 2024 | 09:31 pm PT