Loading…
Vietnamese commercial banks have raised deposit rates to attract funds, pushing lending rates up 3-4 percentage points year on year. Loan growth has far outpaced deposit growth, and many banks exceed the 85% loan-to-deposit limit.
The State Bank of Vietnam has raised its benchmark rate twice in more than a month.
Higher domestic borrowing costs squeeze feed mills and livestock producers who rely on credit, which can slow purchasing and restrain feed demand.
vietnamnet.vnVietNamNet NewsNov 17, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
