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Apr 12, 2026

Vietnamese Banks Cut Rates After SBV Meeting, AGB Leads Deposit Forecast

Agribank (AGB) cut deposit rates by 0.5 percentage points for terms 24+ months and lending rates by 0.5 points, effective April 13, 2026, following a State Bank of Vietnam meeting. TPBank's CEO forecasts deposit rates stabilizing around 7% annually, providing a basis for further lending rate reductions to support economic recovery.

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Last updated: 2026-04-19T13:35:11Z.