Bank deposits hit a record high, mainly from individuals

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• Foreign banks play it safe with low - cost deposits , careful lending

  Data from Bangladesh Bank shows nine foreign commercial banks held Tk 87,378 crore in deposits as of June 2026, with current and savings accounts making up 37.5% and fixed deposits just 14%. This low-cost funding, combined with lending mainly to large, well-rated corporations and multinationals, has helped them keep healthy profit margins. However, their net profit fell by Tk 1,417 crore from Tk 3,738 crore in July–December 2025. Their non-performing loan ratio rose to 6.5% in June 2026 from 5.9% in December 2025, though it remains well below the industry average. Loans of Tk 48,700 crore remain concentrated in industry and trade, and their capital adequacy ratio stood at 41.21%.

  thedailystar.net·17/10, 21:00bankscreditVietnam
• Deposit rates on October 17 at Agribank, Vietcombank, BIDV, VietinBank, MB, VPBank, Techcombank, Sacombank, HDBank, ...

  An online survey of deposit rates at 35 banks on October 17 showed spreads of up to 4.3 percentage points at some tenors. Sacombank led the 6-month and 12-month terms at 7.2% and 7.5% a year, while VPBank posted the highest 18-month rate at 7.9%. The Big4 group of banks all offered 6.8% a year for 12 months. Many banks offered about 4.75% a year on 3-month deposits, while SCB's 1.9% was the lowest in the surveyed list.

  CafeF·17/10, 08:51interest ratesbankssavings accounts
• PYMNTS | Fed Flags Funding Challenges From Tokenized Deposits

  The Federal Reserve Bank of Kansas City published a research briefing on Friday examining how tokenized deposits, which remain commercial bank deposits but can move on distributed-ledger infrastructure outside conventional banking schedules, could affect bank liquidity. Demand appears to come mainly from multinational corporate treasurers seeking always-on liquidity management, international supplier payments and the cash side of tokenized securities transactions. Banks will need to prepare for “faster, round-the-clock, and less consistent deposit outflows,” and tokenization could change deposit stickiness and the line between operational and nonoperational balances. Separately, The Clearing House is developing a tokenized deposit network targeted for availability in the first half of 2027, which would let a treasurer transfer deposits between participating banks with a single instruction.

  pymnts.com·20/10, 03:45stablecoinsFedbanks
• HDBank launches VND 10,000 billion credit package, cuts interest rates by 1.5% per year to support businesses

  HDBank is rolling out a VND 10,000 billion credit package from October 20, 2026 until November 30, 2026 or until the quota is reached, in line with government and State Bank of Vietnam policy to cut lending rates. Rates are 1.5% per year lower than the current preferential SME rate, offered to existing and new eligible customers in sectors such as exports, agriculture, high technology and supporting industries. Loans are disbursed in VND for working capital with a maximum tenor of 3 months, at 8% per year for up to 2 months and 8.7% per year for over 2 to 3 months, and borrowers must have a credit rating of A or higher. The funds cannot be used for real estate, securities or financial business, or to deposit money or buy certificates of deposit or bonds at other credit institutions.

  CafeF·20/10, 04:11• HDBHDBinterest ratescredit
• Bank Staff Push Last-Minute Deposits Ahead of Interest Rate Cuts

  Following a State Bank of Vietnam directive to lower deposit rates, staff at many banks are pushing customers to deposit funds at the last minute before rates fall. The central bank requires banks to cut deposit rates by at least 0.5 percentage point for terms of 6 months and longer, or face tighter credit growth targets. The highest listed rate for 6-12-month terms hit 8% in August, up 2.5 percentage points year on year, while a VnExpress survey found 6-month rates at 8.5-9.2% a year. Since the directive, 15 banks have announced new deposit rate schedules, mostly cutting by 0.5 percentage point to below 7% a year for terms of 6 months and above. Some analysts say rates are near their peak and could ease from early 2027, though a quick reversal is unlikely as credit demand tends to rise toward year-end.

  VnExpress·20/10, 03:44▲ VNINDEX▲ ACB▲ BID▲ CTGinterest ratessavings accountsbanks
• Banks cut costs to lower lending rates for priority sectors

  State Bank of Vietnam Governor Phạm Đức Ấn chaired a meeting with credit institutions, urging them to cut interest rates to support businesses and help achieve double-digit economic growth targets. Under Official Dispatch No. 9608/NHNN-CSTT, banks must lower listed deposit rates by at least 0.5 percentage points a year for terms of six months or longer, and cut lending rates by 1.5-2 percentage points for production, business and priority sectors. As of the end of last week, mobilised funds rose 11.22% and credit grew 11.44%, while the gap between đồng loans and mobilised funds narrowed from nearly VND2 quadrillion (US$75.75 billion) to below VND1.5 quadrillion. The SBV strictly prohibits lowering credit standards and may cut credit growth quotas for the rest of 2026 and set lower quotas for 2027 for banks violating interest rate rules. Banks are also urged to tighten control over high-risk lending and to classify bad debts accurately.

  vietnamnews.vn·20/10, 01:30▲ VNINDEXinterest ratesState Bank of Vietnamcredit

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• Winning over Vingroup and Sun Group with concrete and special materials: Vietnamese company's profit up 136%, chairman speaks out

  Song Da Cao Cuong (SCL) reported Q3/2026 profit of VND 38 billion, up 136%, on net revenue of over VND 263 billion (up nearly 98%), while gross profit margin rose from about 36% to 41%. For the first nine months, revenue reached nearly VND 666 billion (up 81%) and after-tax profit nearly VND 94 billion, already exceeding more than 110% of its full-year profit target. Chairman Kieu Van Mat attributed the results to technology upgrades, production line optimization and capacity expansion, with several new plants expected to start operations by November 2026. The company said it spent more than two years testing its products before Vingroup accepted them; Vingroup's share of its business has fallen to about 25% as customers expanded to around 10 major groups and exports began to Laos, Cambodia and the Philippines. Over the past two years, the company has invested about VND 1,000 billion in factories and technology.

  CafeF·20/10, 06:41SCLearningsVingroup
• Coteccons Chairman Bolat Duisenov reveals new direction: expanding home construction for individual customers

  At the annual general meeting on October 20, Coteccons (HoSE: CTD) set fiscal 2027 targets of VND 42,000 billion in revenue and VND 1,050 billion in after-tax profit, and said it is considering expanding into residential construction for individual customers (B2C). In fiscal 2026, net revenue reached VND 34,340 billion (up 38%, 115% of plan) and after-tax profit VND 788 billion (up 73%); new contract wins totaled VND 60,307 billion and backlog was about VND 70,000 billion. In the first quarter of the new fiscal year, the company booked revenue of VND 11,270 billion and profit of VND 306 billion, but new contract value of VND 14,519 billion was lower than a year earlier; the company said it is tightening criteria for selecting clients and projects. Coteccons is also working with Microsoft, is expected to become a strategic partner of Workday, and targets raising its ROE from 10% to 15-18% by 2030.

  CafeF·20/10, 06:35• CTDCTDhousingearnings
• UPS Yields 6.7% After Firing Amazon. Here's Whether the Dividend Survives 2027.

  UPS shares yield 6.7% as of October 16. The company has moved away from high-volume, low-margin Amazon deliveries and froze its dividend earlier this year, ending a 16-year streak of increases. The article says the payout will likely remain frozen through 2026 and 2027, citing competition from 10- and 30-year Treasury yields above 5% and other industrial dividend payers, but calls the dividend's safety questionable: UPS generated $5.47 billion in free cash flow in 2025, with $5.4 billion going to dividends, and free cash flow is projected to fall to $5.05 billion in 2026 and $5.01 billion in 2027, with the dividend absorbing about 98% of 2026 free cash flow. Rising competition and high fuel prices add pressure, and the article suggests investors may find more safety in the industrial sector.

  Yahoo Finance·20/10, 06:25dividendsUPSAmazon
• Asian shares mostly decline after AI stocks lead a rebound on Wall Street

  Asian shares mostly fell in cautious trading on Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices stayed high. Japan's Nikkei 225 slipped 0.6% to 64,512.35 in early trading, South Korea's Kospi dropped 2.8%, and Australia's S&P/ASX 200 lost 0.8%. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq gained 1.1%, helped by Nvidia's 1.4% gain, while most stocks outside AI and tech fell and the Dow slipped 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose to $103.50 a barrel and Brent to $109.47, as uncertainty about when the energy industry will return to normal after the war with Iran means oil is unlikely to ease soon.

  clickorlando.com·20/10, 06:15▲ QQQ▲ SPY▲ NVDA• VNINDEXAsiaartificial intelligenceWall Street
• Asian shares mostly decline after AI stocks lead a rebound on Wall Street

  Asian shares mostly fell in cautious trading Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices remained high. Japan's Nikkei 225 slipped 0.6% to 64,512.35, Australia's S&P/ASX 200 lost 0.8% to 8,772.10, and South Korea's Kospi dropped 2.8% to 5,605.31. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq rallied 1.1%, helped by Nvidia, while the Dow fell 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose 0.15% to $103.50 a barrel as uncertainty over the war with Iran kept oil prices elevated.

  clickondetroit.com·20/10, 06:15▲ QQQ▲ SPY▲ NVDA• VNINDEXAsiaartificial intelligenceWall Street
• What Could X-Energy (XE) Gain From Its 960MW Indiana Nuclear Project?

  X-Energy (NasdaqGS:XE), American Electric Power and Amazon agreed to assess a 960 MW advanced nuclear project in Indiana using Xe-100 reactors, on a former coal plant site. Under the joint development agreement, Amazon would provide development funding and commit to a long-term power purchase. The article says the deal offers commercial validation for X-Energy's reactor platform rather than immediate financial relief, as the company, with a $4.3b market cap, reported $150.28 million in revenue, a $448.87 million loss, and a 20.2x price-to-sales ratio. The next key milestone is whether the study reaches a final investment decision for the Sullivan County site.

  Yahoo Finance·20/10, 06:13XEnuclear powerAmazon