Policymakers, and most analysts believe that the surge we have seen in inflation will be temporary. That’s likely to be correct although much depends on what we mean by...
The risk of policy mistakes from government and central banks is high because of Covid-19. This is not just because nobody has lived through a global pandemic before; it...
The banking industry sharply reduced outstanding loans for real estate business in the first half of 2021 and will continue such limits in the second half.
2Q21 aggregate earnings of 17 listed commercial banks rose 36.2% YoY on strong credit growth, NIM expansion, and subdued CIR. How positive will the banking sector look...
The most significant example of ongoing intervention in FX has been from the Swiss National Bank (SNB) as it tries to stop the franc from rising too rapidly against the...
Telecoms operators still have not cut charges for SMS services in banking, even though the banks have proposed reductions several times.
The wave of interest rate cuts has been activated, and it is forecasted that the interest rate level will remain low from now until the end of the year to support...
The State Bank of Vietnam (SBV) is consulting on a draft circular for incentive policies to support firms with access to bank loans to overcome difficulties in the...
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of...
The Bank of England could be the first to hike rates, but it will be much closer to the Fed than the market thinks, even if it is not in front.
The World Bank (WB) has projected Vietnam’s GDP to expand by 4.8 percent in 2021, two percentage points lower than its previous prediction in December 2020.
Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.
With such a move, customers would now have another six months to recover their business operations.
The State Bank of Vietnam (SBV) has officially proposed a Law on Handling Bad Debts of Credit Institutions (CIs), when the Covid-19 pandemic may increase bad debts and...
Banks at the end of July reported significant increases in first-half profits on strong credit growth despite pressures from the pandemic
Economic growth is surging in the developed nations, inflation is rising sharply, some central banks have already started to pare back their monetary stimulus,...
Banks will continue to tighten lending in risky sectors including securities, real estate, financial, and tourism business, seeing higher credit risks in the remaining...
The demand for permanent workers is forecast to be especially strong in the banking, securities, and information technology sectors.
The recent news by several Commercial Banks to lower lending interest rates can be considered good for businesses in particular and the economy in general.
KB Securities said, the USD/VND exchange rate in H2- 2021 would be flat and move in a narrow range.
About 600 small and medium-sized enterprises (SMEs) in Vietnam will get support in applying technology solutions to improve labour productivity and their competitiveness...
Domestic banks will continue striving to ensure business performance and deliver on commitments to investors while supporting clients amid difficulties this year.
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