Implement solutions to stabilize deposit interest rates and reduce lending interest rates.

Deputy Governor of the State Bank of Vietnam Pham Thanh Ha said that since the beginning of 2025, the State Bank of Vietnam has been operating monetary policy proactively, flexibly, promptly, effectively, and in synchronous, harmonious, and close coordination with fiscal policy and other policies.

The State Bank of Vietnam has directed credit institutions to synchronously implement solutions to stabilize deposit interest rates and strive to reduce lending interest rates, thereby creating favorable conditions for businesses and people to access credit capital.

Credit institutions have committed to maintaining a stable and reasonable interest rate level, combining transparency and healthy competition in capital mobilization; safe credit growth, applying digital transformation solutions, maximizing operating cost savings, and being willing to share a portion of profits to reduce lending interest rates, etc.

As of July 29, system-wide credit increased by 9.8% compared to the end of 2024, up 19.75% over the same period last year, both positive growth rates compared to recent years.

Deposit interest rates continue to be relatively stable, lending interest rates continue to decrease compared to the end of 2024. Credit institutions have published lending interest rate information on the bank's website to provide more information for customers to refer to when accessing loans.

The State Bank continues to thoroughly grasp and request credit institutions to seriously implement the direction of all levels on stabilizing input interest rates, striving to reduce lending interest rates, contributing to supporting economic recovery and development.

Source: https://hanoimoi.vn/trien-khai-cac-giai-phap-on-dinh-lai-suat-tien-gui-giam-lai-suat-cho-vay-711430.html