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Citizens' deposits were worth VND6.5 quadrillion (US$256 billion) at the end of January, down 0.5% from the previous month, according to latest data from the State Bank of Vietnam.
Corporate deposits were VND6.67 trillion, down 2.4%.
Data from the General Statistics Office shows that as of March 25 banks’ mobilization was 0.76% down from the beginning of the year as against a 1.2% rise in the same period last year.
Banks deposit interest rates were at 5% a year in January compared around 9% early last year.
So far this year gold prices have risen by 10.4% and the VN-Index by 10.5%, offering investors other options.
