Tag: banks cutting rates
Despite deposit rate cuts, homebuyers still face heavy pressure
Deposit interest rates have continued to cool, with 42 banks cutting rates by 0.1-0.5 percentage points since the State Bank of Vietnam (SBV) Governor met commercial banks in early April 2026.
Banks cut rates following SBV’s call
Nearly 20 commerical banks cut deposit rates over April 10–11, in line with commitments made to the State Bank of Vietnam to reduce borrowing costs for product and business.
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