Interbank interest rates rose with large amplitude, peak 7 months

Interest rates overnight, one week, two weeks is up to 3-3.5% / year, instead of less than 1% booked 1 thang.Theo report on Vietnam securities firms (BVSC), in two last week, the interbank interest rates tend to rise again with relatively large amplitudes, up to the highest level in the past 7 months in all three categories han.Hien period the interest rate overnight , one week, two weeks popular 3-3.5% / year instead of less than 1% of a month ago.

 

According to SBV, credit growth to the end of month 11/2016 reached 15.8%, while deposit growth was 15.2%. We think the sharp acceleration in credit last month was not unexpected due to changes in demand for loans in the economy generally increases as the year ended.

 

The company said that the excess liquidity caused by credit less acceleration with a certain amount of money flowing into the channel Dong Currency after the rate hike recent hot as the direct cause pushing interbank rates on a new ground.

 

BVSC forecasts while interbank interest rates in the coming weeks will probably continue to remain relatively high, ranging from 3-4% / year.