The Saigon Times Daily
The average overnight, one-week and two-week rates grew 1.03 percentage point, 0.37 percentage point and 0.38 percentage point per year respectively against the previous week. Meanwhile, the one-month rate fell 0.36 percentage point per year.
Despite the changes, deposit rates were stable and even dropped at many commercial banks. For example, Eximbank, LienVietPostBank and TPBank slightly lowered the rates by 0.1-0.2 percentage point per year.
The rates of demand and below-one-month deposits in Vietnam dong currently range between 0.8% and 1% per year while the respective deposit rates of one-month and under-six-month terms, six-month and under 12-month-terms, and over-12-month terms are 5-5.5%, 5.7-6.7% and 6.7-7.3% per year.
The interest rates for loans in Vietnam dong also remain stable, with 7% per year for short-term loans and 9-10% for medium- and long-term loans in priority fields. On other fields, the common rates for short-term and medium- to long-term loans are 7-9% and 9.5-11% per year respectively.
According to the central bank, with dollar transactions, the average inter-bank overnight and one-month rates market inched up 0.02 and 0.03 percentage point. Meanwhile, the rates of one-week and two-week dollar loans dropped 0.17 and 0.04 percentage point.
Regarding dollar deposits, the rates are 0.75% per year for individual clients and 0.25% for corporate customers. In addition, the rates in short-term dollar loans are 3-6% per year and medium- and long-term dollar loans 5.5-7% per year.
Đăng ký: VietNam News
