Tag: affordable flights

The flexible savings account has gained immense popularity among customers due to its attractive features. Unlike traditional fixed-rate deposits, this innovative solution offers a variable interest rate, allowing customers to enjoy interest payouts every three or six months without having to wait for maturity. With its modern approach to financial management, this profitable deposit solution is shaping the landscape of smart finance in the digital age.

The net interest margin (NIM) story for Q1 2025 is a concerning tale, with over half of the banking system witnessing a decline. This is more than just a trend; it reflects a worrying shift in the industry's profit landscape, monetary policy movements, asset-liability structure, and credit consumption behavior.

The magnitude of non-performing loans in the economy has surpassed a staggering threshold of 1 million billion Vietnamese dong. This colossal amount of "dead capital" is a wasteful burden on the economy, especially in a context of capital scarcity, and it contributes to keeping borrowing rates high.