Why was Sterling’s stellar run reversed?
Sterling’s stellar run was reversed quite dramatically yesterday by comments from Bank of England Governor Bailey.
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.
In compliance with the provisions of the Law on Credit Institutions 2024, banks have made public the list of information on shareholders owning 1% or more of shares....
Bad debt in the Vietnamese banking industry is increasing, yet dealing with it remains tough and challenging.
Vietnam’s economy continued to receive positive assessments in August, including the World’s Bank upgraded growth forecast for 2024.
Commercial banks have begun announcing rate cuts to improve access to consumer loans and prevent the use of
After a quiet July, credit in August 2024 showed signs of recovery. The State Bank of Vietnam (SBV) has recently adjusted the credit room to boost lending in the...
Modest and steady rate cuts from G10 central banks, particularly the Federal Reserve (FED), are likely to keep riskier assets like equities and emerging markets well...
Asset risks and profitability of Vietnamese banks remained broadly stable, but small banks faced more loan delinquencies and liquidity issues in the first half of 2024,...
Commercial banks are seeking to issue bonds to raise long-term capital while adhering to capital safety regulations set by the central bank.
VPB stock of Vietnam Prosperity Joint-shares Commercial Bank (VPBank) has received a new value due to the potential for credit expansion and FE Credit restructure.
Interest rates for VND-denominated for long term deposits at commercial banks have reached 7.4% per year, according to the State Bank of Vietnam (SBV).
SBV has revised its green banking framework to address challenges in green lending, aiming to promote sustainable finance and facilitate access to green credit for...
Bad debt of banks continues to increase...
According to Dr. Đinh The Hien, a financial expert, bank loans pouring into real estate sector have not declined; nonetheless, the overall outstanding loans in the first...
Small banks are more vulnerable to liquidity risks, with their liquid assets declining by 6% in the first half of 2024.
As central banks rev up their monetary policy easing cycles, thoughts will undoubtedly turn to the extent of rate cuts that we are likely to see over the cycle.
Many banks have issued large amounts of bonds to raise thousands of billions of VND, pushing interest rates to around 8% per year, much higher than that of normal...