Vietnam Money - Dong rate softens on weak loan demand

Newswire

HANOI, March 27 (Reuters) - Interest rates on short-term Vietnamese dong loans eased in the past week as demand for consumer finance slowed, but bankers said they expected corporate loan demand to strengthen from next month. On Monday, state-run banks, the country's key lenders, quoted overnight loans at 6 percent, slightly down from a range of 6 to 6.2 percent a week ago but similar to rates early this month. "Consumer finance is very slow due to sluggish housing mortgage demand as well ...

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