Inter-bank lending rate jumps

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Inter-bank lending rate jumps

Postby httu on Sat Apr 05, 2008 8:53 pm

(04-04-2008)
HA NOI — Interest rates on the dong that Viet Nam’s commercial banks lend each other have risen since last Wednesday when the banks introduced their agreed upon 11 per cent ceiling for deposits in the domestic currency.
The banks reported business as usual with deposits and withdrawals after the ceiling - accepted as a way to end an interest-rate war for dong deposits - was introduced.
Full story at :The Newword News Daily
httu
 

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