While revenue from many other business activities dropped sharply, many banks still "won big" from foreign exchange business.
Commercial banks have persistently reduced deposit interest rates, resulting in rates for many terms now standing at just above 6% per annum.
Falling profit margin (NIM), low credit growth, high provisioning costs... are the reasons why commercial banks' business picture in the second quarter and first six...
Most G10 central banks have 2% inflation targets and most forecast that inflation will be down to this level, or only slightly above, within the next few years.
Lending interest rates will drop sharply in the second half of 2023 as capital costs of commercial banks are falling, analysts forecast.
It might not have been popular with Italian banks or global stocks, but the Italian government’s raid on bank profits might not be an isolated case of populist politics.
The financial statements of the first 6 months of 2023 of banks are gradually being "revealed", in which, the picture of bad debt is still covered in gray.
For some central banks, the interest rate cutting cycle has begun. But with the Fed widely seen to be some nine months to a year away from its first cut, does this mean...
The Government Office on July 31 issued a notice on Prime Minister Pham Minh Chinh’s opinions at a recent conference reviewing the performance of the banking sector in...
The risk of bad debt is warned to continue to increase, so banks recommend more legal corridors to effectively handle bad debts. At the same time, they promote the...
Despite decreasing interest rates and abundant credit growth quota, experts said it is difficult for commercial banks to promote lending in the context of difficult...
Inflation has come down in most G10 countries, but central banks have not caused it. This may seem controversial argument but it is not really.
Many banks have been stepping up bond buybacks before maturity, but experts are concerned the work can affect the banks’ ability to supply capital for the economy and...
Many financial analysts anticipated that lowering the value added tax (VAT) for commercial banks would give them greater leeway in lowering loan rates to help companies.
There has been much made of the fact that sharp rate hikes from just about all G10 central banks have not led to the depth of economic slowdown that was feared.
Without regulations allowing them to seize collateral under Resolution 42, banks may be afraid to grant credit, affecting the ability to access loans of firms and...
Deputy Prime Minister Le Minh Khai has requested the State Bank of Vietnam (SBV) and relevant ministries and organisations to consider solutions to solve financial...
In the second half of the year, the fact that the State Bank of Vietnam (SBV) continuously cut operating interest rates at the end of the second quarter of 2023 has...
Many firms lack collateral; if banks refuse to endorse unsecured and cash flow-based loans, it will be difficult to stimulate credit growth.
Banks have to lower lending interest rates to stimulate demand for new loans as credit growth falters and deposit interest rates have also dropped sharply.
Credit institutions forecast the demand for banking services will be buoyant in the remaining months of this year, of which credit growth will reach about 4.4% in the...
Cash flow from government bonds is meant to flow into the treasury for the benefit of the economy but in a vicious cycle, cash is being deposited back in banks to buy...
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