Exchange rate fluctuations bring huge profits to many banks
Net profits from the foreign exchange trading segment of many banks have gained positive results thanks to a strong USD/VNĐ exchange rate fluctuations this year.
Net profits from the foreign exchange trading segment of many banks have gained positive results thanks to a strong USD/VNĐ exchange rate fluctuations this year.
Following the outcome of the United States presidential election, Vietnam's banking industry is expected to see indirect consequences in the near future.
Many analysts feel that commercial banks should divert loan flows to the mid-range and inexpensive sectors rather than the high-end segment.
The Fed is not the only central bank that has faced difficulties as a result of Donald Trump's victory.
According to experts, from now until the end of the year, cash flow is expected to focus on stocks of two sectors: banking and real estate.
VIB shares of Vietnam International Commercial Joint Stock Bank have experienced a notable transaction of a large volume of shares, primarily tied to the divestment...
Despite slow credit growth in Q3, the cumulative credit growth of Asia Commercial Bank (ACB) in the first nine months of this year still surpassed the Vietnam banking...
The Vietnamese stock market may continue to go sideways. This will offer hazards to investors who own stocks that have been exposed to negative information.
MBS anticipated that deposit rates would inch up only by an additional 20 bps by year-end.
The pound is still the best performing G10 currency this year and it is also up on a broader trade-weighted index according to the Bank of England’s calculation. But...
We have spoken many times about how central banks, and particularly the Fed, seem to be basing policy on a more reactive response to the course of data than a proactive...
Many firms are hoping that commercial banks would charge off their debts and issue fresh loans to assist them regain production and business following the terrible...
While traditional capital sources are often criticized for their high interest rates, the emergence of green credit is seen as a new funding channel for the economy,...
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank, HoSE: VCB) is regarded as a representative bank of Vietnam, with a substantial market...
While private joint stock commercial banks have increased capital significantly so far this year, the capital for State-owned commercial banks has remained stagnant.
The fertiliser, retail, livestock, banking and logistics sectors are expected to witness significant profit growth in the third quarter (Q3), ranging from 22% to an...
Sterling’s stellar run was reversed quite dramatically yesterday by comments from Bank of England Governor Bailey.
Building a smart city with a smart payment system playing a key role has helped Hanoi gradually transform and make breakthroughs in the process of development, said Ha...
The State Bank of Vietnam (SBV) is working closely with ministries and local authorities to implement comprehensive strategies to address significant price disparities...
In the past couple of days, we’ve heard Bank of Japan and Bank of England governors suggest that policy rates will likely head for “neutral” as policy is adjusted. The...
As many as 17 banks in Vietnam have announced programmes to support their customers who were affected by Typhoon Yagi.
Many banks have recently poured thousands of billions of Vietnamese dong into green projects.