Central bank to create roadmap for eliminating credit growth quota policy
The credit growth quota system, which puts a cap on the credit expansion of each bank, has been maintained by the SBV since 2011, when Vietnam’s economy was experiencing...
The credit growth quota system, which puts a cap on the credit expansion of each bank, has been maintained by the SBV since 2011, when Vietnam’s economy was experiencing...
In response to directions of the Government and the Prime Minister on solutions to stabilize deposit interest rates, a key driver of lending rates, the State Bank of...
Although asset quality experienced a slight deterioration, in line with the broader industry trend, Asia Commercial Joint Stock Bank (HoSE: ACB) maintained the...
If the VN-Index keeps rising, it can only be a "green shell, red heart" status with the bank stocks serving as the shell.
Ahead of the ex-dividend date, VCB shares adjusted in proportion to 66,700 VND per share at the close of trading on March 12. This session saw both the stock price and...
While commercial banks’ primary profits still come from loan interest income, the trend in income structure is shifting towards revenue diversification.
The State Bank of Vietnam yesterday issued Official Dispatch No. 1595/NHNN-TD, prioritizing loans to rice farmers and exporters, particularly in the Mekong Delta, to...
The Vietnam banking sector must implement solutions to reduce lending interest rates, creating conditions for individuals and businesses to access loans at...
On February 25, the SBV held a meeting with credit institutions to address strategies for stabilising deposit interest rates. As a result, banks such as Eximbank,...
While the Vietnam banking sector may continue to confront NIM and asset quality issues in 2025, its overall operating environment is projected to improve.
SBV Deputy Governor Dao Minh Tu stated that an average credit growth of over 2% would contribute to a 1% increase in the country's GDP. Therefore, for 2025, the central...
The FED seems set to stay on hold for the foreseeable future but most other G10 central banks should continue to ease.
While several commercial banks project profit increases of 20-33%, others, particularly state-owned, are taking a more cautious approach amidst unpredictable global...
MBS expects the average 12-month deposit rates of large commercial banks to fluctuate around the range of 5% - 5.2% in 2025.
The State Bank of Vietnam has proactively allocated credit room to banks, empowering them to accelerate lending activities to achieve the projected 8-percent GDP growth...
Banks are enjoying high profits, yet the interest rates they charge on loans remain high.
Recent financial disclosures from over 900 listed enterprises reveal a 20.9% year-on-year growth in profits after tax for the fourth quarter (Q4) of 2024.
In 2024, the Vietnamese banking industry faced continuing headwinds with flexible policies on sectoral administration and inflation control and strong restructuring...
Commercial banks have stimulated credit demand right from the start of the year to support economic growth.
More than 87% of Vietnam’s adult population now hold payment accounts at banks while many credit institutions are processing more than 95% of transactions through...
Prime Minister Pham Minh Chinh has urged Vietnam’s banking sector to overcome challenges and limitations to achieve breakthroughs this year.
According to Associate Professor - Dr. Phạm Mạnh Hùng, Deputy Director of the Banking Research Institute at the Banking Academy, lending interest rates will...