How did many banks' profits surge in Q1 2024?
The business results for Q1 2024 of commercial banks showed positive growth, with some banks experiencing up to 165% growth. Despite low credit growth, the banks' growth...
The business results for Q1 2024 of commercial banks showed positive growth, with some banks experiencing up to 165% growth. Despite low credit growth, the banks' growth...
There is clearly a sense that central banks are looking to cut policy rates, in many cases before inflation has reached target and a considerable time before central...
Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount...
Riksbank Governor Theeden argues that Europe desperately needs to close the productivity gap if it wants to catch up with the US.
Lien Viet Post Joint Stock Commercial Bank (LPBank, HoSE: LPB) has fostered credit growth as a driver of its business performance in 2024.
Deposit rates are rising, raising concerns that lending rates may follow when credit expansion resumes.
Austrian ECB member, and noted hawk Robert Holzman described the Fed as being the “gorilla in the room” when it comes to ECB decisions on policy easing.
Several commercial banks in Vietnam have started to raise their deposit interest rates by 0.5 – 1 percent, leading to the worry of a possible loan interest rate rise as...
Banks are expecting an improvement in credit growth from the second quarter of 2024, especially now that loan interest rates have decreased, exports gradually recovered,...
As bad debts rise and asset seizure rights under Resolution 42 are no longer maintained, commercial banks must establish tight lending requirements and processes.
Credit institutions have proposed to raise the cap of small loans not requiring feasible capital use plans and related person information from 100 million VND to 400...
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end...
Last week, we heard from policymakers at two European central banks; the ECB and the Riksbank. But while their economic situations and monetary policy outlooks appear...
Banks are actively developing plans to attract capital from foreign investors through various methods, aiming to enhance their capital "buffers" and improve their...
There is an enormous focus on when central banks, particularly the Fed, will start to reduce rates and the number of likely cuts in 2024.
Cash flows have started to exhibit traces of a recent decrease in bank stocks.
With excess liquidity, banks all over the nation are trying to address stagnant capital flow and have received a number of positive signs.
Experts believe that the State Bank of Vietnam's (SBV) recent monetary injections and withdrawals attempt to steer interbank market activities in the correct...
After declining in the first two months of this year, credit of the banking industry in March increased by 0.26% compared to the end of 2023 to about 13.6 quadrillion...
Banks are actively channeling credit towards the manufacturing and business sectors, always standing by to offer loans to enterprises. However, this endeavor requires...
According to Mr. Vu Van Thanh, Vice Chairman of VSA and Deputy General Director of Hoa Sen Group, the proposal to launch an anti-dumping inquiry against HRC steel has...
We often hear that movements in market interest rates, and other financial prices are “doing the central bank’s work”.