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Citizens' deposits rise to new record high

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.

Citizens' deposits at banks reach record high

Citizens' deposits at banks reach record high

Citizens' deposits reach new historic peak

Citizens' deposits reach new historic peak

Businesses hike deposits at banks

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

Bank deposit interest rates remain in free fall

Bank deposit interest rates remain in free fall

Banks continued to cut deposit interest rates in July, capping them at 7.8%.

July 25, 2023 | 11:10 pm PT

Depositors protected by government, central bank assures SCB customers

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 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

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