Banks are forecast to have a credit expansion at the end of the third quarter of 2022, according to Saigon Securities Incorporation.
A survey by the Bank for International Settlements (BIS) published in May states that there are currently 81 countries participating in Central Bank Digital Currency...
Although several industries are rebounding, they have not yet returned to their pre-COVID-19 levels of growth.
In the setting of high inflation in many countries, investors are experiencing "headaches" in selecting an investment channel that can both maintain wealth and produce...
Pham Chi Quang, Deputy Director General in charge of the Monetary Policy Department, State Bank of Vietnam (SBV), said that the agency will increase the frequency...
According to Vietnam Bankers Association, the banking sector currently has a loan balance of about VND12 quadrillion with a huge number of customers. Therefore, the...
Central bankers continue to claim that inflation can be tamed without causing recessions.
The banking industry may have a hard time reaching its 2022 profit growth targets, but share valuations have dropped significantly to attractive prices.
Vietnam has controlled inflation at 2.25% in the first five months of the year, but inflationary pressure in coming time is very large. Therefore, monetary policy...
The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently, thus creating...
According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market...
The interest rate level for savings accounts continued to increase in the early days of June 2022, and the interest rate "race" now has the participation of the "big"...
Banks’ asset quality has been relatively affected as a consequence of the COVID-19 pandemic, in which 1Q22 average NPL ratio rose while LLR slightly reduced compared...
According to VNDirect, credit growth in Vietnam’s banking system would continue to accelerate, reaching at least 14% in FY22F.
The current global digitalised economy will give rise to new business models that will compete, support, or even cause traditional business models to completely shut...
Commercial banks in Vietnam are currently launching the 2 percent interest rate support package from the State budget package of VND40 trillion (US$1.7 billion) for...
Banks have been promoting a target of diversifying income sources to reduce dependence on credit.
A recent trend of borrowing foreign unsecured loans for businesses and investment activities of securities companies has become quite popular as it allows cheap capital...
By the end of the first quarter of 2022, the bad debt ratio at many banks has tended to increase, while many forecasts have raised concerns that this problem will...
A report submitted to the National Assembly for extending the application period for Resolution 42/2017/QH14 on bad debts settlement by credit institutions (CIs) states...
By the end of the first quarter of 2022, the bad debt ratio at many banks tends to increase, while many forecasts have raised concerns that this problem will increase...
Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota this year.
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