Risk provision costs erode bank profits in Q3 2023
The increase in provision costs of banks in recent quarters was forecast previously as the sharp increase in bad debt of firms, especially in the real estate and export...
The increase in provision costs of banks in recent quarters was forecast previously as the sharp increase in bad debt of firms, especially in the real estate and export...
The outlook for the banking industry this year will not be as bright as previous years due to low credit growth and reducing profit, experts forecast.
It might not have been popular with Italian banks or global stocks, but the Italian government’s raid on bank profits might not be an isolated case of populist politics.
In the second half of the year, the fact that the State Bank of Vietnam (SBV) continuously cut operating interest rates at the end of the second quarter of 2023 has...
Although banking profits are expected to grow slower in Q4/2022 and in the first half of 2023, experts still have an optimistic outlook on bank stocks in the short term.
Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar,...
Although in the middle of 2022, banks had to face limited credit growth room, the business results in the third quarter of banks were still satisfactory, with a positive...
Although not all banks have announced business results for the first six months of the year, with positive forecasts and results, high-profit banks are almost fully...
By the end of the first half of 2022, although banks have not yet released specific financial statements, some forecasts have predicted that profits of some banks may...
Although the prolonged Covid-19 pandemic has negatively affected the economy, the banking industry still retains bright colors in the profit picture in 2021.
Banks at the end of July reported significant increases in first-half profits on strong credit growth despite pressures from the pandemic