VIB is cutting deposit and lending rates to support businesses and individual customers, in line with directives from the government and the State Bank. It has lowered deposit rates by up to 0.5 percentage points a year, mainly for terms over 6 months, and launched a VND 15,000 billion credit package for priority-sector businesses, with rates up to 1.5% a year lower subject to program conditions. For home loans, VIB offers fixed rates for up to 5 years and an extra 1% per year reduction for loans fixed for 12 or 24 months in certain areas. Car loans carry a fixed rate of 12.5% a year for the first 24 months, then capped at 15% a year, with a total quota of VND 5,000 billion.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: VIB giảm lãi suất cho vay, đồng hành cùng doanh nghiệp và khách hàng cá nhân
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VIBinterest ratesbankscreditmortgages
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Related tickers and likely impact
VIB
• NeutralVIBBank
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Banks |
| Market cap | 51,252 bn VND |
| P/E | 6.9 |
| P/B | 1.07 |
| Close on 10/20/2026 | 13.75 |
| Change that session | 0.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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