April 11, 2011
Vietnam’s central bank raised the amount of dollar deposits lenders must set aside as cash to curb the use of foreign currency in the nation and stabilize the dong. The reserve ratio on deposits held in the US currency will increase by 2 percentage points to a range from 3 percent to 6 percent [...]
Tags: According, Against The Dollar, April, Bank Raised, banks, Bidv Securities, Central, Central bank, Central Bank Raised, currency, Currency Loans, deposits, dollar, Dollar Deposits, Dollar Lending, Foreign, Foreign Currency, Foreign Currency Loans, In The First, increased, Its Website, Ldquo, loans, monetary, Monetary Authority, months, Of Foreign Currency, Of Vietnam Said, Of Vietnam Set, Of Vietnam Set The, percent, Prime minister, rates, Rdquo, Reference Rate, Said ldquo, state, State bank, The central, The central bank, The Currency, The Dollar, The Dong, The first, The Monetary, The Monetary Authority, The state, The state bank, These Moves, Vietnam, Vietnam Set The
Posted in Business | Comments Off
September 5, 2009
Vietnamese banks have raised interest rates on dollar deposits to lure more funds amid rising demand for loans in the US currency. Southeast Asia Commercial Joint-Stock Bank, or SeAbank, lifted interest rates for dollar deposits by 0.1-0.6 percentage points to up to 3.5 percent early this month. The bank has also given gold as gifts [...]
Tags: Bank Has Also, banks, currency, deposits, dollar, Dollar Deposits, Dollar Lending, Dollar Lending Rates, Funds, Have Raised, interest, Interest rates, lending, Lending Rates, loans, Local, On Dollar Deposits, Other Banks, Other Banks Have, percent, Percentage Points, Raise Rates, raised, rates, reported, September, State bank, Term Deposits, The Dong, The state, The state bank, Their Dollar, Their Rates, Vietnam, Vietnamnet
Posted in Business, News | Comments Off
August 31, 2009
Banks in Vietnam cut their dollar lending rates on the interbank market in the past week due to a growing surplus after firms switched to borrowing in Vietnamese dong under a government stimulus package, bankers said. The State Bank of Vietnam said on Monday banks cut their dollar lending rates for nearly all terms in [...]
Tags: 18 390, 30 Percent, August, August 27, banks, Central, Central bank, Commercial banks, Cut Their Dollar, Cut Their Dollar Lending, dollar, Dollar Lending, Dollar Lending Rates, Government, Last week, Last Week The, lending, Lending Rates, market, Monday, On The Unofficial, On The Unofficial Market, percent, Percent The Previous, Percent The Previous Week, Previous Week, rates, The central, The central bank, The Dollar, The government, The previous, The Previous Week, The Unofficial, The Unofficial Market, Their Dollar, Their Dollar Lending, Their Dollar Lending Rates, This year, Unofficial Market
Posted in Business, News | Comments Off
June 19, 2009
Fears the US dollar will strengthen further against the dong have kept businesses from borrowing in dollars despite low interest rates, bankers say. Interest rates on dollar loans at local banks were lowered by 0.3-0.6 percent per year to 3-6 percent in the week ending June 10, the central bank said Friday in its weekly [...]
Tags: 10-percent, 36 Month, 36 Month Dong, Bankers, banks, Businesses, Central, Central bank, Central Bank Said, Commercial, Commercial bank, Consumer Loans, demand, Demand For Dong, Demand For Dong Loans, Denominated Loans, Deposit, Deposit Rates, director, dollar, Dollar Lending, Dollar Lending Rates, Dollar Loans, Dong Denominated, Dong Denominated Loans, Dong Deposit, Dong Loans, Dong Loans Has, Dong Savings, For Dong Loans, For Dong Loans Has, Forex Rates, General, General director, interest, Interest rates, Last week, Lending Rates, loans, Local, Local Banks, lowered, Maximum, Maximum Rate, month, Month Dong, Per Dollar, percent, Percent From The, Percent Level, Percent The Central, Percent The Central Bank, rates, Reference Rate, savings, Savings Rates, state, State bank, The 10, The central, The central bank, The Central Bank Said, The Dollar, The Dong, The Maximum, The Maximum Rate, The state, The state bank, Tuesday, Vietnam, Vnd16
Posted in Business, News | Comments Off
June 19, 2009
Fears the US dollar will strengthen further against the dong have kept businesses from borrowing in dollars despite low interest rates, bankers say. Interest rates on dollar loans at local banks were lowered by 0.3-0.6 percent per year to 3-6 percent in the week ending June 10, the central bank said Friday in its weekly [...]
Tags: 10-percent, 36 Month, 36 Month Dong, Bankers, banks, Businesses, Central, Central bank, Central Bank Said, Commercial, Commercial bank, Consumer Loans, demand, Demand For Dong, Demand For Dong Loans, Denominated Loans, Deposit, Deposit Rates, director, dollar, Dollar Lending, Dollar Lending Rates, Dollar Loans, Dong Denominated, Dong Denominated Loans, Dong Deposit, Dong Loans, Dong Loans Has, Dong Savings, For Dong Loans, For Dong Loans Has, Forex Rates, General, General director, interest, Interest rates, Last week, Lending Rates, loans, Local, Local Banks, lowered, Maximum, Maximum Rate, month, Month Dong, Per Dollar, percent, Percent From The, Percent Level, Percent The Central, Percent The Central Bank, rates, Reference Rate, savings, Savings Rates, state, State bank, The 10, The central, The central bank, The Central Bank Said, The Dollar, The Dong, The Maximum, The Maximum Rate, The state, The state bank, Tuesday, Vietnam, Vnd16
Posted in Business, News | Comments Off
June 18, 2009
Fears the US dollar will strengthen further against the dong have kept businesses from borrowing in dollars despite low interest rates, bankers say. Interest rates on dollar loans at local banks were lowered by 0.3-0.6 percent per year to 3-6 percent in the week ending June 10, the central bank said Friday in its weekly [...]
Tags: 10-percent, 36 Month, 36 Month Dong, Bankers, banks, Businesses, Central, Central bank, Central Bank Said, Commercial, Commercial bank, Consumer Loans, demand, Demand For Dong, Demand For Dong Loans, Denominated Loans, Deposit, Deposit Rates, director, dollar, Dollar Lending, Dollar Lending Rates, Dollar Loans, Dong Denominated, Dong Denominated Loans, Dong Deposit, Dong Loans, Dong Loans Has, Dong Savings, For Dong Loans, For Dong Loans Has, Forex Rates, General, General director, interest, Interest rates, Last week, Lending Rates, loans, Local, Local Banks, lowered, Maximum, Maximum Rate, month, Month Dong, Per Dollar, percent, Percent From The, Percent Level, Percent The Central, Percent The Central Bank, rates, Reference Rate, savings, Savings Rates, state, State bank, The 10, The central, The central bank, The Central Bank Said, The Dollar, The Dong, The Maximum, The Maximum Rate, The state, The state bank, Tuesday, Vietnam, Vnd16
Posted in Business, News | Comments Off
June 18, 2009
A customer counts US dollars at a branch of SeABank in Ho Chi Minh City Fears the US dollar will strengthen further against the dong have kept businesses from borrowing in dollars despite low interest rates, bankers say. Interest rates on dollar loans at local banks were lowered by 0.3-0.6 percent per year to 3-6 [...]
Tags: 10-percent, 36 Month, 36 Month Dong, Against The Dong, Bankers, banks, Businesses, Central, Central bank, Central Bank Said, Chi minh, Chi minh city, Commercial, Commercial bank, Consumer Loans, demand, Demand For Dong, Demand For Dong Loans, Denominated Loans, Deposit, Deposit Rates, director, dollar, Dollar Lending, Dollar Lending Rates, Dollar Loans, dollars, Dong Denominated, Dong Denominated Loans, Dong Deposit, Dong Loans, Dong Loans Has, Dong Savings, For Dong Loans, For Dong Loans Has, Forex Rates, General, General director, Ho Chi, Ho Chi Minh, Ho Chi Minh City, interest, Interest rates, Last week, Lending Rates, loans, Local, Local Banks, lowered, Maximum, Maximum Rate, Minh city, month, Month Dong, Per Dollar, percent, Percent From The, Percent Level, Percent The Central, Percent The Central Bank, rates, Reference Rate, savings, Savings Rates, state, State bank, The 10, The central, The central bank, The Central Bank Said, The Dollar, The Dong, The Maximum, The Maximum Rate, The state, The state bank, Tuesday, Vietnam, Vnd16
Posted in Business, News | Comments Off
May 31, 2009
Vietnamâs largest banks will lower their interest rates on dollar deposits to 1.5 percent in June from around 2 percent now in a move to help avoid dollar hoarding in domestic markets, the central bank said. All state-run banks plus Vietcombank, Vietnamâs largest partly private lender, have also agreed to set the ceiling for dollar [...]
Tags: Bankers, banks, Bonds, Central, Central bank, Central Bank Said, currency, dollar, Dollar Bonds, Dollar Hoarding, Dollar Lending, Dollar Lending Operations, Dollar Lending Rates, Dollar Shortage, dollars, earlier, Earlier This Month, exchange, Exchange rate, Friday, Hoarding, Interest rates, lending, Lending Operations, Lending Rates, month, percent, rates, shortage, state, State bank, The central, The central bank, The Central Bank Said, The Dollar, The Dong, The government, The new, The Official, The Rate, The Trade, This month, trade, Vietnam
Posted in Business, News | Comments Off
