January 18, 2012
Many lenders in Vietnam are trying to attract individual clients Many banks in Vietnam are targeting retail savings as large but short-term deposits from corporate clients prove to be a volatile funding source. Bankers said while term deposits from individual customers are usually small, they make up a stable source of capital for banks. On [...]
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May 25, 2009
Contrary to previous predictions that commercial banks would raise lending interest rates as they have raised deposit interest rates, banks are either keeping the same lending interest rates or cutting them. While deposit interest rates have been on the increase, now approaching the 10 percent per annum threshold, lending interest rates have been staying the [...]
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April 14, 2009
A branch of Asia Commercial Bank in Ho Chi Minh Cityâs District 1. Fewer businesses in Ho Chi Minh City than expected have applied for loans or credit guarantee under the governmentâs loan subsidy program, bankers said. Nguyen Ngoc Thang, deputy head of the State Bank of Vietnamâs HCMC branch, said the city accounts for [...]
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