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State Bank of Vietnam implements third round of interest rate cuts to boost economy

The State Bank of Vietnam (SBV) has just announced a series of interest rate reductions that will take effect from May 25. ....

Republic Of , Peter Verhoeven , People Credit Fund , National Assembly , Prime Minister , Prometheus Asia , State Bank Of Vietnam , Interst Rate ,

Banks to feel impact of another OPR cut?


Unperturbed, AMMB Holdings Bhd group CEO Datuk Sulaiman Mohd Tahir says the lender has already factored in future rate cuts.“In our scenario planning, we have already factored in potential rate cuts as part of our risk management plan, ” he tells StarBizWeek.
WITH a large portion of Malaysia now in full-swing movement control order (MCO) mode given the recent spike in Covid-19 cases, new concerns over economic growth have emerged.
The question now is will Bank Negara cut the benchmark Overnight Policy Rate (OPR) to spur growth at its upcoming Monetary Policy Committee (MPC) next week?
And if it does, will banks continue to see lower profits from last year, as the OPR determines their main rates, including their lending and deposit rates. ....

Datuk Sulaiman Mohd Tahir , Imran Yusof , Bank Negara , Holdings Bhd , Monetary Policy Committee , Overnight Policy Rate , Sulaiman Mohd Tahir , Interst Rate , வங்கி நெகாரா , ஹோல்டிங்ஸ் ப்ட் , பண பாலிஸீ குழு , ஓவர்‌நைட் பாலிஸீ ரேட் , சுலைமான் மொஹட் தாஹிர் ,