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Tag
bank deposits
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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.
Bank deposit interest rates remain in free fall
Banks continued to cut deposit interest rates in July, capping them at 7.8%.
Depositors protected by government, central bank assures SCB customers
The government protects depositors and customers of Saigon Commercial Bank should not panic or withdraw their money, State Bank of Vietnam Governor Nguyen Thi Hong said Monday.
October 9, 2022 | 07:22 pm PT
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.
September 22, 2022 | 07:47 pm PT
