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.
Enhancing access to credit for businesses and individuals is a major concern for the entire society. During these challenging times, all levels of authority, sectors,...
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.
The proposed changes in the ownership ratio have raised concerns in the banking system, as they fear they may hamper economic growth.
The Vietnam Cooperative Union said that the regulation that the total amount of deposits not exceeding 20 times the equity causes many difficulties, hindering the demand...
The financial statements of the first 6 months of 2023 of banks are gradually being "revealed", in which, the picture of bad debt is still covered in gray.
For some central banks, the interest rate cutting cycle has begun. But with the Fed widely seen to be some nine months to a year away from its first cut, does this mean...
The Government Office on July 31 issued a notice on Prime Minister Pham Minh Chinh’s opinions at a recent conference reviewing the performance of the banking sector in...
The risk of bad debt is warned to continue to increase, so banks recommend more legal corridors to effectively handle bad debts. At the same time, they promote the...
Despite decreasing interest rates and abundant credit growth quota, experts said it is difficult for commercial banks to promote lending in the context of difficult...
Inflation has come down in most G10 countries, but central banks have not caused it. This may seem controversial argument but it is not really.
The key question now is what happens when, and if, the Bank of Japan reverses policy and so makes the yen a less attractive currency for the carry trade.
Given the current state of Vietnam's corporate bond market's problems, all restructuring initiatives must be founded on a plan and a roadmap.
Many banks have been stepping up bond buybacks before maturity, but experts are concerned the work can affect the banks’ ability to supply capital for the economy and...
Many financial analysts anticipated that lowering the value added tax (VAT) for commercial banks would give them greater leeway in lowering loan rates to help companies.
Pre-tax profit growth of the whole banking industry will decelerate in 2023 and there will be a significant difference in the growth between small- and large-sized...
The Vietnam Banks Association (VNBA) has suggested the Government submit a request to the National Assembly for a resolution to support firms and people to overcome...
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