From October 20, 2026, Vietcombank will cut its listed deposit rates by 0.5% per year for terms of 6 months or longer, in line with the State Bank of Vietnam's direction and creating room to lower lending rates for the economy. From October 19 to December 31, 2026, the bank is running a credit programme to support production, business and priority sectors, under which participating customers get lending rate cuts of 1.5% to 2% per year. For some sectors, short-term lending rates are reduced by up to 3% per year from Vietcombank's current levels. The bank says it will keep offering comprehensive financial solutions at competitive costs, with a focus on digital transformation, green transformation and ESG.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Từ hôm nay 20/10: Vietcombank giảm mạnh lãi suất cho vay, một số nhóm khách hàng được giảm tới 3%
Keywords
interest ratesbanksVCBState Bank of Vietnam
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Related tickers and likely impact
VCB
• NeutralVietcombank
Relevance: medium
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 475,438 bn VND |
| P/E | 11.4 |
| P/B | 1.94 |
| Close on 10/19/2026 | 56.20 |
| Change that session | -1.23% |
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/19/2026 | 1,689.84 |
| Change that session | -0.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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