Borrowers struggle to benefit from new lending policy
Borrowers are finding it challenging to obtain new loans from banks to settle their existing debts at a different bank.
Borrowers are finding it challenging to obtain new loans from banks to settle their existing debts at a different bank.
Allowing banks access to Việt Nam's population database has set the foundation for the banking sector to expand and provide digital services to more customers, as well...
The ECB seemed to send out a clear message last week that policy rates won’t rise again if the economy develops as the bank expects.
Are central banks starting an easing cycle well ahead of major central banks such as the Fed and ECB taking a risk with their currencies? The recent slump in the Polish...
According to financial analysts, synchronized policy coordination is required to open up bank loans to assist the business community and the economy in recovering. ...
The decreasing savings interest rate has been considered the main factor attracting investors to pour more money into the stock market.
Commercial banks made large profits from spot foreign exchange trading activities in the first half of this year as the difference between the dollar buying and selling...
While G10 central banks still seem to be some distance away from considering policy easing, a small number of emerging market central banks have already started to move,...
Borrowers now can seek loans from different banks to prepay their existing loans.
There are two developed-country central banks that appear particularly perturbed by the weakness in their currencies: the Bank of Japan and the Riksbank. But what can...
Data of 17 listed banks showed their total outstanding loans for the real estate sector in the first half of 2023 reached VNĐ426 trillion, up 36.2 per cent compared to...
Commercial banks in Vietnam have been actively offering loans for green projects and expanding green credit through mobilising capital from international credit...
The harmonious combination of boosting growth and controlling risks in the banking industry is always likened to the coordination between a vehicle’s brake pedal and...
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.
Vietcombank, BIDV, VietinBank, Agribank have just announced new deposit interest rates, with a sharp decrease of 0.3-0.5%/year for many terms.
Amidst the crisis of confidence in the "marriage" between banks and insurance, the cross-selling revenue from insurance at banks significantly declined in the first half...
While revenue from many other business activities dropped sharply, many banks still "won big" from foreign exchange business.
Commercial banks have persistently reduced deposit interest rates, resulting in rates for many terms now standing at just above 6% per annum.
Falling profit margin (NIM), low credit growth, high provisioning costs... are the reasons why commercial banks' business picture in the second quarter and first six...
Most G10 central banks have 2% inflation targets and most forecast that inflation will be down to this level, or only slightly above, within the next few years.
UK wage data was pretty shocking. It has raised speculation that the Bank of England could have to go further than previously expected when it comes to base rate hikes.
Lending interest rates will drop sharply in the second half of 2023 as capital costs of commercial banks are falling, analysts forecast.