MSB will cut its lending rate by at least 2% for business customers through a VND 10,000 billion preferential credit package, with rates starting at 7.5% per year. For individual customers, it is reducing deposit rates by 0.5% for terms of 6 months and longer on its High-Interest Deposit, Partial Withdrawal Deposit and Term Deposit with End-of-Term Interest products. After the adjustment, MSB’s highest 12-month counter savings rate is 6% per year, and 6.3% for online deposits. The moves follow the State Bank of Vietnam’s push to lower interest rates, after its October 19 meeting with banks called for 1.5–2% cuts in lending rates for priority sectors and at least 0.5% cuts in deposit rates for terms of 6 months and longer. MSB also launched MSB Digital Bank and MSB Business Banking to expand digital services.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: MSB giảm lãi suất cho khách hàng cá nhân và doanh nghiệp
Read the original on VnExpress ↗
Keywords
MSBinterest ratessavings accountsbanks
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Related tickers and likely impact
MSB
• NeutralMSB Bank
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 56,160 bn VND |
| P/E | 9.5 |
| P/B | 1.24 |
| Close on 10/20/2026 | 15.00 |
| Change that session | +1.35% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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