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deposit interest rates
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Gold outperforms stocks, bank deposits in 2024
Gold prices have risen 15-22% this year, making it the best performing asset class.
Banks hike deposit interest rates as inflows slow
While many banks have reduced deposit interest rates in the last month, some have raised them slightly amid a slowdown in deposit inflows.
Banks slash deposit interest rates
Over 20 banks have cut deposit interest rates in the last month, with the highest for 12-month deposits now being 5.3%.
March 23, 2024 | 05:00 pm PT
Where to invest in 2024?
The stock market might recover this year while the real estate, gold and cryptocurrency markets face uncertainties, experts forecast.
February 21, 2024 | 04:21 am PT
Most banks push deposit interest rates to below 5%
Only a few banks now offer more than 5% per year for deposits of 12 months or less, with the highest rate at 5.7%.
February 18, 2024 | 09:07 pm PT
Deposit interest rates continue to drop
Over 20 banks have cut their deposit interest rates, with rates for 1-month deposits now as low as 1.7% per year.
January 19, 2024 | 04:53 pm PT
Depositors frustrated by plunging interest rates
Depositors who enjoyed high returns last year due to elevated interest rates are now facing disappointment, as banks have dragged their rates to record low levels amid economic challenges
December 27, 2023 | 09:08 pm PT
Bank deposits remain preferred asset class despite collapsing interest rates
Despite the steady and steep decline in interest rates, people are still keeping their money in bank deposits rather than invest it in securities or real estate.
December 8, 2023 | 03:29 am PT
Bank deposit interest rates fall below pre-pandemic levels
Some major banks have slashed interest rates for 12-month deposits to below 5.5%, or lower than in the pre-pandemic period.
October 3, 2023 | 06:57 pm PT
Banks lower deposit interest rates to below 6%
Four state-owned banks and a dozen private lenders have dropped their deposit interest rates to below 6%from as high as7.5-8% earlier this year.
August 24, 2023 | 03:44 pm PT
Bank deposit interest rates continue to fall
Many banks have cut deposit interest rates this month, bringing the average rate to below 9.
May 16, 2023 | 09:13 pm PT
Bank deposit interest rates keep falling
Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.
May 9, 2023 | 02:11 am PT
Central bank to cut deposit interest rate ceiling from Monday
The central bank on Friday said it would cut caps on interest rates of dong-denominated deposits from April 3, by 0.5 percentage points to between 0.5% and 6.0% depending on maturities.
March 31, 2023 | 06:29 am PT
Deposit interest rates tumble
Banks have cut deposit interest rates from 0.1-0.7 percentage points in the past two weeks, bringing the general interest rate down to less than 9% a year.
March 28, 2023 | 03:00 am PT
Banks reduce deposit interest rates
Banks have cut deposit interest rates by 0.3-0.5 percentage points after Prime Minister Pham Minh Chinh called on them to foster economic recovery.
March 6, 2023 | 06:59 pm PT
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