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Multiple commercial banks have lowered deposit and lending interest rates following a meeting with the State Bank of Vietnam, with specific mortgage rates from TPBank, BVBank, KienlongBank, and HDBank detailed.
Eximbank (EXB) has halted its automatic transaction-splitting feature for interbank transfers over 500 million VND, effective April 21, forcing large transfers to use the slower standard processing channel. VPBank (VPB) and TPBank (TPB) issued similar notices earlier this month, citing compliance with a new State Bank of Vietnam (SBV) regulation that caps fast electronic clearing at 500 million VND.
The State Bank of Vietnam reports over 20 commercial banks, including ACB, have cut deposit rates by 0.1-0.5% p.a. following a directive meeting on April 9, 2026.
Vietcombank (VCB) seeks shareholder approval to establish a wholly-owned commercial bank in Vietnam's International Financial Centre with VND 3,000B charter capital, joining HDBank (HDB) and Nam A Bank (NAB) in a strategic race. This move aims to capture cross-border financial flows and expand ecosystem services, positioning these banks for higher-margin international business as the centre develops in Ho Chi Minh City.
Vietnam's State Bank maintains interest rate stability amid liquidity pressures, with commercial banks reducing rates cautiously rather than easing further.
TPBank has become the first bank in Vietnam to receive the prestigious International Customer Experience Standard 2019 (ICXS2019) certificate from BSI, achieving the highest 'International Excellence' rating. This recognition highlights the bank's successful comprehensive transformation and customer-centric operational approach.
TPBank has become the first Vietnamese bank to achieve the ICXS2019 international customer experience certification with a high score of 93.63%, reflecting its comprehensive efforts in optimizing customer service. This achievement underscores TPBank's commitment to customer-centric operations and future technology investments to enhance user experience.
The Vietnamese stock market recorded its lowest liquidity in 10 months, with total transaction value significantly down and foreign investors continuing net selling. Despite this, the VN-Index saw a slight recovery, and analysts view the low liquidity as a potential sign of 'supply exhaustion' leading to a market rebound.
TPBank announced two candidates for its Board of Directors, including Ms. Do Quynh Anh, daughter of a former Vice Chairman, and Ms.
The stock market started the week positively, with the VN-Index rising, led by banking stocks such as TCB and VPB gaining over 3% and 2% respectively.
Eximbank (EIB), TPBank (TPB), and VPBank (VPB) have disabled automatic transaction splitting for interbank transfers exceeding 500 million VND, effective April 21, to comply with State Bank of Vietnam Circular 40/2024. This forces customers to manually split large payments for 24/7 processing, potentially increasing operational friction and slowing high-value transaction flows across the banking sector.
Over 20 Vietnamese banks, including major players like Vietcombank and BIDV, cut deposit interest rates following regulatory guidance aimed at stabilizing the market.
Tax authorities clarified regulations requiring electronic payments for salaries exceeding VND 5 million, impacting business compliance procedures.
Nearly 20 Vietnamese banks have announced interest rate reductions, following a commitment to the State Bank of Vietnam, signaling a loosening monetary policy aimed at lowering capital costs for businesses and stimulating economic growth. While experts view this as a positive development, they also suggest the room for further significant cuts might be limited due to underlying capital structure issues.
The State Bank of Vietnam held a meeting with 46 commercial banks, where they collectively committed to reducing both deposit and lending interest rates to support businesses and individuals amidst rising global pressures. This move aims to stabilize the market and stimulate economic growth.
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Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.
Last updated: 2026-04-19T13:35:10Z.