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Banks not passing on full interest rate cuts to borrowers

Banks not passing on full interest rate cuts to borrowers

Bank borrowers are complaining that they still have to pay high interests despite banks cutting rates, with reductions only being applied to new loans.
SBV tells banks to further cut lending interest rates

SBV tells banks to further cut lending interest rates

The State Bank of Vietnam is urging banks to further reduce loan interest rates in the coming months, said its deputy governors Dao Minh Tu.
May 5, 2023 | 05:54 pm PT
PM tells banks to lower interest rates

PM tells banks to lower interest rates

Prime Minister Pham Minh Chinh has called on public banks to reduce deposit and lending interest rates to enhance businesses’ access to credit.
April 28, 2023 | 03:38 pm PT
Property sector faces low sales amid high interest

Property sector faces low sales amid high interest

Sales are down at real estate companies in the South as potential homebuyers can’t afford current lending interest rates of around 13-14%.
April 11, 2023 | 08:20 pm PT
Banks reduce deposit interest rates

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
S. Korea freezes rates, ending year-long run of hikes

S. Korea freezes rates, ending year-long run of hikes

South Korea's central bank on Thursday froze benchmark interest rates at 3.5% owing to concerns over the slowing economy, ending a year-long run of hikes.
February 22, 2023 | 08:12 pm PT
HCMC firms decry surging interest rates

HCMC firms decry surging interest rates

Companies in Ho Chi Minh City have denounced high interest rates they say are forcing them to transfer stakes to foreign firms and sell property to repay debts.
February 17, 2023 | 08:00 pm PT
Central bank to 'take measures' against lenders that raise interest rates

Central bank to 'take measures' against lenders that raise interest rates

The State Bank of Vietnam (SBV) is monitoring bank interest rates and will take measures to deal with lenders who keep hiking their rates.
December 23, 2022 | 01:16 am PT
SBV says banks with low interest rates to get higher credit growth caps

SBV says banks with low interest rates to get higher credit growth caps

Banks with good liquidity and low lending interest rates will be prioritized for the recent increase in credit caps, the State Bank of Vietnam has said.
December 8, 2022 | 08:15 pm PT
Bank deposit interest rates surpass 10%

Bank deposit interest rates surpass 10%

Some banks have hiked deposit interest rates to 10-10.35% amid low liquidity in the system.
November 25, 2022 | 06:27 pm PT
Vietnam considers raising cap on credit growth

Vietnam considers raising cap on credit growth

Vietnam will consider lifting the cap on its credit growth, its prime minister said, as the economy is facing pressure from higher interest rates and tightening credit conditions.
November 17, 2022 | 07:48 pm PT
Brokerages up stock leverage interests after central bank hikes

Brokerages up stock leverage interests after central bank hikes

Stock brokerages are increasing leverage loan interests by around 2% points to 14% a year after the central bank hiked its policy rates twice last month.
November 7, 2022 | 12:13 am PT
Banks increase interest rates on deposits

Banks increase interest rates on deposits

Banks have hiked deposit interest rates by up to 1.9 percentage points to nearly pre-Covid levels.
October 5, 2022 | 09:08 pm PT
Central bank should consider raising interest rates: PM

Central bank should consider raising interest rates: PM

Prime Minister Pham Minh Chinh has asked the central bank to consider lifting up policy rates in response to the U.S. Federal Reserve's latest rate hike.
September 21, 2022 | 11:59 pm PT
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