Residential deposits reached 11.2 quadrillion VND by the end of July, a nearly 9% increase from the end of last year, driven by sustained high deposit interest rates.

Leading state-owned banks, including Vietcombank, Agribank, BIDV, and VietinBank, alongside several private banks, are financing major infrastructure and urban development projects in Hanoi.

Seven major life insurance companies directly deposited over 150 trillion dong into banks, with some accounts earning nearly 10% interest annually.

The State Bank of Vietnam proposes that a bank may extend credit up to 52% of its equity, an increase from the current 21%, to a single customer and related parties for large, important projects in Hanoi.

While capital mobilization lagged behind credit in late June, it accelerated significantly by 22/8, reaching 8,77%, surpassing credit growth.

Leveraging the excitement from the Vietnam national team's victory at the ASEAN Cup 2026, some banks are adding interest rates and offering vouchers to attract depositors.

Banks are reducing capital mobilization costs through bonds, with no issuer offering 9.5-10% interest rates since the start of the month.

All 15 banks that previously faced liquidity issues, according to FiinRatings, exhibited prior signs of asset, credit, and deposit imbalances.