- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
On August 13, 2024, significant changes were recorded in bank interest rates. 12 banks have increased their deposit rates since the beginning of August. Notably, many banks have raised their 12-month term interest rates above 5% per year.
In the first-ever Fortune SEA 500 list, Saigon-Hanoi Commercial Joint Stock Bank (SHB) ranked 137th among the largest revenue-generating organizations in Southeast Asia.
Ratings of Vietnamese banks are expected to be continually improved thanks to Viet Nam’s positive sovereign credit rating.
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code: HDB) has made a significant mark on its journey toward green and sustainable development by winning the prestigious "Best Green Financing in Vietnam" award.
Recently, credit growth has shown signs of slowing down, which has attracted the attention of many economic analysts and policymakers. Several factors have contributed to the slowdown in credit growth.