Deposit interest rates at foreign banks lower than Vietnamese peers

Deposit interest rates at foreign banks lower than Vietnamese peers

Deposit interest rates at many foreign banks and branches in Vietnam are below 9.5%, the level that Vietnamese banks have adopted only recently after the State Bank of Vietnam's warning over lending rate hikes.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Malaysia's Public Bank to open new HCMC branch

Malaysia's Public Bank to open new HCMC branch

Public Bank Vietnam Limited, a wholly-owned subsidiary of Malaysia’s Public Bank Berhad, has been okayed to open a new branch in Ho Chi Minh City.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7