Từ khóa: #lending interest rates

Interest rates on downward momentum

Interest rates on downward momentum

One week after the State Bank of Vietnam (SBV) reduced the benchmark interest rates, the deposit interest rates in the market continued the downward trend.
Interest rates gradually cool down

Interest rates gradually cool down

Commercial banks have agreed to lower deposit interest rates by about 0.5 percent starting from March 6, while State-owned banks will only reduce their rates by 0.2 percent because they are already at the lowest level in the market.
Reducing interest rates, balancing benefits

Reducing interest rates, balancing benefits

Many experts said that interest rates in Vietnam are currently too high, so it is necessary to reduce them to support people and enterprises to recover and develop production and business activities.
Bank deposit interest rates still climb continuously

Bank deposit interest rates still climb continuously

While a few banks announced cutting lending interest rates to support enterprises to access good capital for production and business activities at the end of the year, in the savings market, deposit interest rates remain hot every day.
Pressure on lending interest rates strengthens at year’s end

Pressure on lending interest rates strengthens at year’s end

The recent sharp increase in deposit interest rates has pulled lending interest rates up by 3-4 percent per annum over the same period last year. In the face of highly increasing pressure on the USD/VND exchange rate, deposit interest rates have not cooled down yet, so the pressure on lending interest rates in the peak months of the year is still huge.
Lending interest rates unlikely to keep stable

Lending interest rates unlikely to keep stable

Amid the context that central banks of many countries raised interest rates sharply, from September 23, the State Bank of Vietnam (SBV) decided to increase operating interest rates, which experts assessed as a timely action.
Lending interest rates unlikely to decline sharply

Lending interest rates unlikely to decline sharply

Many economic experts said that with the current credit scale of over VND10 quadrillion if banks reduce the lending interest rate by 0.5 percent per annum, enterprises will have tens of trillions Vietnamese dong more to overcome difficulties. However, these experts also said that they barely expected a deep and wide wave of interest rate cuts because banks are enterprises themselves, so they must consider carefully when they give loans.
Many business loan packages with preferential interest rates launched

Many business loan packages with preferential interest rates launched

The State Bank of Vietnam Ho Chi Minh City Branch (SBV-HCMC Branch) has recently asked local credit institutions to continue implementing solutions to support and remove difficulties for borrowers affected by the Covid-19 pandemic according to the regulations on debt repayment rescheduling, exemption, and reduction of interest rates and fees, and new loans following Circular No.01/2020 and Circular No.03/2021 of the SBV.
More than VND3.5 quadrillion of loans given with low-interest rates

More than VND3.5 quadrillion of loans given with low-interest rates

The State Bank of Vietnam (SBV) said that to support people and businesses affected by the Covid-19 pandemic, credit institutions have provided new loans with lower interest rates than before the pandemic, with an accumulated loan outstanding balance from January 23, 2020, to now exceeded VND3.5 quadrillion.
Banks restrict lending to real estate speculators

Banks restrict lending to real estate speculators

The fact that savings interest rates are at the lowest level in history has made the cash flow shift to other investment channels, including real estate. This is also one of the reasons that cause land fever in many provinces across the country.