Lending interest rates are projected to continue decreasing in the near future, said experts. Recognising this demand, many banks continue to introduce credit packages with attractive interest rates. The latest update on deposit interest rates at banks as of the morning of February 1 showed that the trend of decreasing interest rates remains widespread across most banks. Regarding lending interest rates, KBSV suggests that the impact of maturity differentials and delayed interest rate reductions will likely be challenging to achieve significant decreases in lending rates. In our management efforts, the SBV has no intention to increase interest rates in 2024."
