HANOI, Jan 21 (Reuters) - Banks in Vietnam have been offering higher interest rates on dong deposits in the past two weeks to meet soaring demand for corporate and consumer loans ahead of the Lunar New Year, bankers said on Monday. "Demand for the dong especially from the consumer finance and corporate sectors will continue to be very strong for the next three weeks," a Hanoi-based banker said, referring to the traditional Lunar New Year which will start from Feb. 7. Another banker in ...
Premium Content (PAID Subscription Required)
"Vietnam Money-Banks hike deposit rates to meet loan demand" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.