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Vietnamese banks cut deposit rate to reduce costs for economy

maart 06, 2023by Reacties uitgeschakeld voor Vietnamese banks cut deposit rate to reduce costs for economy

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HANOI, March 6 (Xinhua) — A string of Vietnamese banks lowered their deposit interest rates on Monday, signaling possible lending rate cuts to support businesses and shore up economic growth, Vietnam News Agency reported, citing the State Bank of Vietnam (SBV).

Four biggest banks, including state-owned Agribank and three partly privatized lender Vietcombank, BIDV, and Vietinbank, on Monday cut deposit rates by

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