Interbank interest rates plunge

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New rules tighten debt limits on bond issuers

New rules tighten debt limits on bond issuers

Financial Markets June 20, 2026

HCMC - Companies issuing bonds via private placement will be subject to a debt-to-equity cap of five times, while individual professional investors will only be allowed to buy such bonds if they carry credit ratings and are backed by qualified collateral.

Central bank proposes easing lending cap

Central bank proposes easing lending cap

Financial Markets June 18, 2026

HCMC – The State Bank of Vietnam (SBV) has proposed raising the maximum ratio of short-term funds that commercial banks can use for medium- and long-term lending to 40% from the current 30%, in a move aimed at boosting credit supply for economic growth.

HCMC – Liquidity in the banking system has improved, which is evident in the strong decline in interbank interest rates.
Last week, the interbank interest rates for all tenors dropped, with the overnight rate plunging 2.2 percentage points week-on-week to 1.2% per year, the lowest since July 2022. The interbank lending rates for one-week, two-week and one-month tenors now stand at 1.9%, 2.9% and 4.43% per year, down by 2.1, 1.68 and 1.35 percentage points, respectively. The interbank interest rate is charged on short-term loans made between banks. A high interbank rate suggests a liquidity problem in the banking system and may exert pressure on deposit and lending rates at commercial banks and vice versa.

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New rules tighten debt limits on bond issuers

New rules tighten debt limits on bond issuers

Financial Markets June 20, 2026

HCMC - Companies issuing bonds via private placement will be subject to a debt-to-equity cap of five times, while individual professional investors will only be allowed to buy such bonds if they carry credit ratings and are backed by qualified collateral.

Central bank proposes easing lending cap

Central bank proposes easing lending cap

Financial Markets June 18, 2026

HCMC – The State Bank of Vietnam (SBV) has proposed raising the maximum ratio of short-term funds that commercial banks can use for medium- and long-term lending to 40% from the current 30%, in a move aimed at boosting credit supply for economic growth.