31st Sea Games - Vietnam 2021 Covid-19 Pandemic

Banking

Interest rates likely to raise at end of first quarter

Interest rates likely to raise at end of first quarter

A low-interest rate environment in long term could make capital available for other investment channels, so banks are under pressure to readjust their savings mobilization rates to better attract idle capital.

Banks urged to forego profit to aid economy: Expert

Banks urged to forego profit to aid economy: Expert

It seems a call from the central bank for credit institutions to forego their profits in 2020 to aid customers and businesses affected by the pandemic have not been effectively implemented.

Vietnam banks are confident in business outlook in 2021

Vietnam banks are confident in business outlook in 2021

As the government looks to push for public investment and the central bank keeps a low interest rate environment to aid economic growth, banks are expected to be the first beneficiaries from an economic rebound.