The State Bank of Vietnam (SBV) will closely monitor deposit and lending interest rates, as well as the public disclosure of lending rates on credit institutions’ websites, while strengthening inspections and supervision as part of measures to stabilize interest rates across the banking system.
The measures are outlined in a recent directive sent to credit institutions, foreign bank branches and regional SBV offices.
The SBV instructed lenders to strictly implement the SBV Governor’s Directive No. 01/CT-NHNN dated January 9, 2026, which sets out key tasks for the banking sector this year. The directive aims to maintain macroeconomic stability, control inflation, support sustainable economic growth, and ensure the safety of the banking system.
Credit institutions were urged to adopt measures to stabilize interest rates in line with guidance from the Government and the Prime Minister, while fully complying with regulations on interest rate listings and deposit rate caps. They are also required to strengthen internal controls and promptly address any violations.
Banks must continue to publicly disclose average lending rates, the spread between deposit and lending rates, and rates applied to credit programs on their websites to improve transparency and facilitate access to credit for businesses and individuals.
The SBV also called on lenders to balance funding sources to ensure liquidity without disrupting market rates, and to channel credit into production, priority sectors and key growth drivers. Regional SBV offices were tasked with intensifying monitoring and conducting regular or ad hoc inspections, with violations to be handled strictly in accordance with regulations.
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