Businesses hungry for capital while banks exhaust credit quotas
The country’s economy is recovering positively after the Covid-19 pandemic, making the capital demand for production and business increase. However, businesses are...
The country’s economy is recovering positively after the Covid-19 pandemic, making the capital demand for production and business increase. However, businesses are...
The Ministry of Finance (MoF) has issued targets for restructuring banks in a bid to bolster the strength of Vietnam’s financial sector.
If the State Bank of Vietnam (SBV) waits until the fourth quarter of 2022 to provide additional credit quotas to banks, it will be too late in comparison to the current...
Besides the strong increase in credit in the first half of the year, the insurance distribution segment (bancassurance) is having a positive impact on banks’ business...
Banks must tighten their assessment controls of corporate bond investments to avoid excessive risk and the misuse of funds raised by firms, experts said.
The open market operations (OMO) have been more stable this month after the State Bank of Vietnam (SBV) reduced its intervention in the market.
The financial statements of the second quarter and the first six months of 2022 from many banks have revealed not very positive developments in credit quality when...
Some qualified commercial banks are forecast to get higher credit growth quotas from the State Bank of Việt Nam (SBV) in the next few months.
The banking industry has seen many changes in recent years thanks to digital transformation. However, this is an issue that brings opportunities along with challenges...
From the beginning of August 2022, many more banks including commercial banks with state capital have raised the interest rate offered on savings accounts to attract...
The recent financial statements of commercial banks for the second quarter show that the total amount of bad debts increased by about 17.5% compared to the beginning of...
The real estate industry has been very beneficial to the Vietnamese economy. It is critical to implement an acceptable credit policy rather than halting loans for this...
Rising global inflation is still among the top world news stories these days. US inflation has now hit an all-time new record of 9.1 percent. This is undoubtedly causing...
With inflation rising dramatically, the critics are out and, not surprisingly, central banks are in the firing line.
Although Decree 31/2022/ND-CP of the State Government offers support to businesses, cooperatives, and business householders at 2 percent interest rate when borrowing...
Bank-insurance cooperation (bancassurance) has always been considered one of the main drivers of banks' profits. However, improper compliance has been adversely...
The State Bank of Vietnam is facing multiple pressures in 2022 in managing the foreign exchange rate, such as net withdrawal of hundreds of billions of dongs through the...
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...
Many banks have so far not only closed their doors to real estate development borrowers but also restricted loans to home buyers.
Vietnam bank ABBANK uses SAS Advance Analytics Solution for Risk Management to speed customers’ credit scoring process for its retail customer segment.
The State Bank of Vietnam has plans to offer e-lending facilities and has recently made amendments to a draft for Circular 39/2016/TT-NHNN for the supplementing of a...
The State Bank of Vietnam (SBV) has so far this year sold about 12-13 billion USD to stabilise the domestic forex market, according to Viet Dragon Securities Corporation...