(ĐN)- According to Dong Nai branch of State Bank of Vietnam (SBV), the province-based banks and credit organizations as of end-April raised approximately VND96 trillion in deposits, up 4.89% against the end of last year.
(ĐN)- According to Dong Nai branch of State Bank of Vietnam (SBV), the province-based banks and credit organizations as of end-April raised approximately VND96 trillion in deposits, up 4.89% against the end of last year.
Particularly, deposits from economic organizations increased 4.68% compared to end-2013, while those from individuals rose by 5.02%.
In the first four months of the year, credits in Vietnam dong grew by 6.78% while that in foreign currency declined 5.24%.
The SBV on March 18 lowered the interest rate cap on bank deposits of up to six months by 1 percentage point to 6 percent and applied a reduction to 1 percent per year to deposits in USD, the lowest deposit interest rate over the past three years.
Reported by K.N
