Commercial banks hike interest rates - Vietnam Banking Finance News
Ever wondered how the RBA sets interest rates? Or, how the overnight rate the RBA sets translates to all other interest rates in the economy. Bristlemouth goes back to basics and explains all.
This also means that interest rate may increase again in the future. Raising interest rates would lead to credit growth. Credit and money supply are the fundamental reasons causing inflation to Vietnam, so this is an effective way to ...
This move of SBV has completely been contrary to the interest rate cut policy implemented in the recent time. However, this is not too surprising, since the message from the government on November 4 was not to further carry out interest ...
Apart from the aforementioned deposit interest rate of 12% per year, in a bid to stimulate depositors, Western Bank even donated more different kinds of gifts with a value of 0.7% per year to 3% per year calculated on deposits. ...
This move of SBV has completely been contrary to the interest rate cut policy implemented in the recent time. However, this is not too surprising, since the message from the government on November 4 was not to further carry out interest ...
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