SACOMBANK responds to the State Bank of Vietnam’s policy to reduce interest rates

SACOMBANK directs capital flows toward the Government’s priority sectors.

This move aligns with the Government and the State Bank of Vietnam’s policy to lower market interest rates, thereby supporting individuals and businesses in accessing capital at more reasonable costs as the economy strives to maintain its growth momentum.

The simultaneous adjustment to both deposit and lending rates reflects SACOMBANK’s balanced approach in harmonizing the legitimate interests of depositors while easing borrowing costs for customers, especially individual borrowers and small and medium-sized enterprises.

A representative from SACOMBANK stated: “This is a concrete step in our consistent policy of flexibly managing interest rates in line with market conditions and prudent capital management, which SACOMBANK has pursued over the years. We firmly believe that efficient business operations and social responsibility are not opposing goals, but rather should be harmoniously balanced.”

In practice, SACOMBANK has always operated its interest rate policy with transparency and strict compliance with regulations. In addition to publicly displaying deposit interest rates and service fees at branches and on digital channels, the Bank continues to direct capital flows toward the Government’s priority sectors and import-export activities.

SACOMBANK’s 2025 financial report recorded a net interest margin (NIM) of 2.86%, reflecting a reasonable and stable spread between deposit and lending rates.

In the coming period, SACOMBANK will continue to closely follow the State Bank of Vietnam’s directives, implementing appropriate interest rate policies in response to market developments, thereby contributing to the goals of macroeconomic stability and sustainable economic growth.