Institutional deposits in banks have decreased.

According to the latest report from the State Bank of Vietnam, in January, total deposits in the banking system decreased by 0.75% compared to the end of 2024, reaching VND 14.62 trillion. While first-quarter deposit figures are not yet available, with increasing demand for loans, banks will have to find ways to balance their capital sources and ensure liquidity safety.

According to statistics from the State Bank of Vietnam, deposits from economic organizations decreased after five consecutive months of increase, causing a decline in bank capital mobilization at the beginning of this year.

Deposits into the banking system include deposits from individuals and organizations. Looking more closely at the January figures, the decrease is due to a drop of approximately 3% in deposits from economic organizations, as businesses needed funds for their operations.

As for individual customers, the amount deposited into the system still increased by 1.74%. Many people said that banks remain a safe channel for saving money, even though deposit interest rates have recently been adjusted downwards.

Mr. Dang Manh Hieu from Hai Ba Trung district, Hanoi shared: "Although the interest rate on deposits at banks is low, I still prefer them."

"Investing involves risks; you could win or lose, but saving money in a bank is still safer," said Ms. Nguyen Quynh Mai from Nam Tu Liem district, Hanoi.

If we consider the total amount of capital mobilized by banks, including deposits, certificates of deposit, bond issuance, and other sources, by the end of March, it had increased by 1.96% compared to the end of last year, reaching 15.6 million billion VND. Many banks stated that they have made efforts to find solutions to increase mobilization to ensure sufficient funds for lending.

With the increasing demand for loans to the economy, the State Bank of Vietnam is also committed to implementing measures to ensure liquidity safety for the system. Larger banks, with more abundant capital, are also providing funding to smaller banks through the interbank market.

According to the report, system liquidity remained relatively balanced as the State Bank of Vietnam continued to inject net funds into the open market last week. Simultaneously, it implemented a tender offer for securities, up to 91 days, to inject longer-term liquidity into the system. This supported credit institutions in providing timely funding for production and business activities.

According to VTV.VN

Source: https://baohoabinh.com.vn/12/200489/Tien-gui-cua-cac-to-chuc-vao-ngan-hang-giam.htm