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interest rate reduction
News updates related to interest rate reduction
Interest rates cool down, real estate market officially welcomes investment wave in quarter 3
(Baonghean.vn) - The real estate market is gradually "recovering" after a series of moves by the Government to remove difficulties. Along with that, investors are also continuously providing new information about projects, making the real estate market bustling again.
Economy
Savings interest rates are about to continue to decrease
After the interest rate cut in mid-August, some banks have now reduced it further, with some paying interest below 3% for a 1-month term.
Lower interest rates - "golden opportunity" for businesses
(Baonghean) - Entering March 2015, banks have lowered interest rates. This move is said to be in response to the call for further reduction of medium and long-term lending interest rates by 1-1.5%/year this year by the head of the Vietnamese banking industry; at the same time, it brings the expectation that interest rates may be adjusted even lower in the near future...
Interest rates down, capital absorption still slow
(Baonghean) - Although interest rates have dropped to their lowest level in recent years, market purchasing power and inventories have not improved, which has hindered investment to promote production and business, limiting businesses' ability to absorb capital.
Lower interest rates: A boost for businesses
(Baonghean) - Currently, interest rates are decreasing, capital is abundant, credit institutions are stepping up lending activities. This is an opportunity for businesses to supplement capital, expand investment, develop production and business at the end of the year.
Lower interest rates stimulate investment in production
The economy continues to weaken, inventories are high. In response to this reality, interest rates have been continuously adjusted down to the lowest level in recent years since the beginning of the year, in order to support businesses in stimulating production and circulation of goods, initially creating positive signals for both banks and businesses.
Interest rates down: Business capital absorption remains weak
To resolve difficulties for businesses and support the market, implementing Resolution 13/NQ-CP; the State Bank continuously adjusted interest rates to reduce pressure on borrowing costs for businesses. However, in the context of a weak economy, declining purchasing power, large inventories... the capital absorption capacity of businesses is still weak...
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