Vietnam's commercial banks hike short-term deposit interest rates
Several commercial banks have raised deposit rates for terms of one month to less than six months reaching a maximum of 6%/year.
Several commercial banks have raised deposit rates for terms of one month to less than six months reaching a maximum of 6%/year.
The State Bank of Vietnam announced on Monday to hike policy rates by 100 basis points, the second rise in a month, to combat inflationary pressures and protect the country's financial sector.
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