Interest Rate

The State Bank requires strict compliance with foreign exchange management regulations

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The State Bank has just issued a document requesting banks to strictly implement regulations on foreign exchange management in the context of the VND/USD exchange rate continuously increasing. There are even many people who buy USD from banks to smuggle into the market to make a profit.

Interest rate increase pushes profit margin down, bank stocks before the storm

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The State Bank adjusted the operating interest rate for the first time in the last 2 years and the first interest rate increase since 2016. This move will directly affect the prospects of the "king" group of stocks in the coming time.

Fed raises interest rates by 0.75%, what will happen to stocks, should we cut losses at this time?

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As predicted by investors and experts, the FED announced that this bank decided to increase the basic interest rate by 0.75 percentage points, to a range of 3% - 3.25%. How will the Vietnamese economy and the stock market be affected by this information?

How does the Fed's sharp interest rate increase affect personal finance?

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The Fed's interest rate hike on September 21 has led to skyrocketing mortgage rates, falling home sales, more expensive credit cards and car loans in the US.

Revealing details of credit room expansion limits of 18 banks

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Sacombank, Agribank, HDBank, MB, SHB are the top 5 banks with the highest credit room extensions in September. According to VNDirect experts, a total of 18 commercial banks have been granted additional credit growth limits, accounting for about 80% of the system's credit.

Fed raises interest rates and the pressure the Vietnamese economy is facing

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The focus of global financial experts is the Fed's decision to raise interest rates. The biggest question right now: How much will the Fed raise interest rates? What impact will this have on Vietnam's economy?

Exchange rate increases sharply, USD price skyrockets as Fed is about to increase interest rates

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The focus is on the Fed meeting this week. The USD/VND exchange rate has recorded a strong increase in recent times.

Revealing targets for expanding credit rooms of banks

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Sacombank leads the list of credit room increase at 4%. Other banks such as Agribank 3.5%, MB 3.2%, SHB 3.2%, VIB 3%, Vietcombank 2.7% TPBank 1.2%.

Banks expand credit room, businesses are released

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Over the past time, the "thirst" has caused the production and business activities of many enterprises to stagnate, even go bankrupt. The adjustment of the State Bank's credit room is the most anticipated information at this time for the business community.

The State Bank may extend credit room to 16%

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Opening a credit room is a hot topic attracting the attention of the financial world. Stock analysts predict that the State Bank can extend the credit room by up to 16%.

Where to deposit 2-month savings to receive high interest?

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2-month savings interest rate is fluctuating around 3.1% - 4%. Readers can compare interest rates of banks before depositing to receive the highest interest.

3 banks with high interest rates for 11-month terms you should know

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Bank interest rates in August 2022 for 11-month deposits range from 4.0% - 6.7%. Below are 3 banks with savings interest rates over 6.0%, readers can refer to them.

Fed runs out of room to increase interest rates, experts say "The State Bank of Vietnam has a headache because of exchange rates"

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Vietnams foreign exchange reserves are currently not enough to maintain monetary policy independence. US interest rates are expected to peak in late 2022. The Fed must stand together, if it is sitting, it must sit. The prices of countries that choose to be independent in monetary policy such as Thailand and Japan are that domestic currencies have lost a lot of value," said Mr. Tran Ngoc Bau, Founder & CEO of WiGroup.

Which bank can I deposit 200 million to receive high interest?

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With a idle financial amount of about 200 million VND deposited in a bank, the interest received will depend on the deposit term and the corresponding deposit interest rate.

2 banks appear with high interest rates up to 7.3% for a term of 36 months

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SCB Bank, Kien Long are leading the list of banks with interest rates for 36 months, with interest rates up to 7.3%.