Bank deposits increase, but cannot catch up with credit growth
The State Bank of Vietnam (SBV) said that interest rates have become stable with the lending interest rate hovering around 9.3 percent per annum.
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The State Bank of Vietnam (SBV) said that interest rates have become stable with the lending interest rate hovering around 9.3 percent per annum.
Affordable home buyers can access preferential loans at rates 1.5-2 percentage points lower than the market average as part of a credit package worth around 120 trillion VND (5.02 billion USD).
Many banks have just launched credit packages with preferential lending interest rates that decreased by between 0.5-3% per year for customers in the fields of business and production, including real estate.
The Ho Chi Minh City People’s Committee has summarized 20 years of implementing preferential credit policies for poor households and other policy beneficiaries in the city, according to Decree 78 of the Government.
The Ho Chi Minh City People’s Committee has summarized 20 years of implementing preferential credit policies for poor households and other policy beneficiaries in the city, according to Decree 78 of the Government.