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Individual customers' bank savings hit record high
Individual customers' banking deposits hit a record high of more than VNĐ6.83 quadrillion as of the end of July 2024, newly released data from the State Bank of Vietnam (SBV) shows.
Cheap money period in Việt Nam forecast to come to an end
The period of cheap money is coming to end as deposit interest rates are increasing, causing lending interest rates next time to be difficult to maintain at the same low level as at the beginning of this year, experts forecast.
The banking recruitment market was active at the beginning of the year
Not only big banks but also small banks are promoting recruitment activities. Hundreds of job opportunities are being opened to welcome workers right after Tet.
Banks lower deposit interest rates
Banks have lowered deposit rates by 0.4-1.1 percentage points, but the rates have remained relatively high across the board.