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Vietnam’s banks cut deposit rates further to reduce costs

juni 19, 2023by Reacties uitgeschakeld voor Vietnam’s banks cut deposit rates further to reduce costs

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HANOI, June 19 (Xinhua) — Vietnamese banks’ interest rates on dong deposits continue to drop after the central bank cut policy rates to shore up the flagging economy, Vietnam News Agency reported on Monday.

Vietnam’s four biggest banks, including the state-owned Agribank and three partly privatized Vietcombank, BIDV, and Vietinbank, have cut their deposit rates by 0.5 percentage point on dong deposits with vari

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