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Commercial banks have continued their trend of lowering interest rates. This comes amid growing liquidity with them in recent months. Banks that have offered around 9 percent interest rate for [...]

In an unprecedented move, a consortium of national joint-stock banks in China have announced a reduction in the listed interest rates for Renminbi (RMB) deposits effective from December 25th. This [...]

The interest rates on loans offered by commercial banks have recently witnessed a decline. This shift is attributed to positive developments in the external sector and an uptick in remittances, [...]

Many commercial banks in Vietnam pledged to lower lending interest rates by 0.5 to 3 percentage points to support businesses amid falling demand and orders, Vietnam News Agency reported on [...]

The US dollar selling prices at commercial banks in the morning fell below VND24,000 per dollar although the reference exchange rate of the State Bank of Vietnam increased for a [...]

Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar, Q3 2022 [...]

Although the State Bank of Vietnam (SBV) has increased the operating interest rates by 0.5-1 percent from October 25 to reduce the pressure on the USD/VND exchange rate, which has [...]

The State Bank of Vietnam will encourage commercial banks to lower its costs to keep lending interest rates unchanged, a deputy governor said Friday. The bank would not regulate lending [...]

Banks are likely to raise interest rates on loans after mid-October citing the shortfall in loanable funds available with them triggered by the excessive rise in imports and slow inflow [...]

Last year, most commercial banks exceeded their profit plans. Some banks even still managed to keep a profit of billion US dollars. In this context, at a recent conference on [...]

The Thai central bank announced on Saturday that it has instructed all commercial banks and financial institutions to cut interest rates charged to customers with credit card balances and personal [...]

Interest rates of home loans at Vietnamese commercial banks have tended to reduce significantly since the second half of last month due to low capital demand from business and production. [...]

The chief executives of commercial banks have meet this morning to chart a way forward on the Bank of Uganda (BoU) directive to lower interest rates before government caps the [...]

The average interest rate on customer deposits among commercial banks, remained unchanged at 10.4 percent in December 2017. According to the Bank of Ghanas Annual Percentage Rate (APR) and Average [...]

The government informed the National Assembly on Friday that commercial banks were charging individuals up to 29 per cent interest rate despite the historically lowest 5.75pc policy rate of the [...]

State-owned commercial banks have once again reduced interest rates on term and fixed deposits, the second such downward revision in four months. Sonali, Janata, Agrani, Rupali, Basic and Bangladesh Development [...]