Deputy Governor of the State Bank of Vietnam (SBV) Phạm Tiến Dũng said accessing the national population database will help banks to check and authenticate new customer...
According to data from the State Bank of Vietnam (SBV), the bad debt ratio on the balance sheet of the whole system by the end of February 2023 has reached 2.91%,...
The remaining months of 2023 are forecast to continue to face many challenges with monetary policy management, as both the world and domestic economies are still...
Soon after the article " Decoding the "Enigma" of Banks ” was published, Saigon Investment received many comments that now require an appropriate response.
Many central banks hold out hopes that they can both defeat inflation and avoid a recession, the Reserve Bank of New Zealand appears far more realistic about its chances.
The volatile crisis across banks in the US continues unpredictably with the recently declared bankruptcy by the First Republic Bank. This marks the third bank to fail in...
At a time when most businesses are facing serious losses, with some even in dire situations and having to sell off much of their assets, banks continue to announce...
By early May, commercial banks have started to reduce deposit interest rates. With this the average deposit interest rate that had peaked in January at 9 percent per...
Nobody said the rate hike pause would be easy, and this is certainly proving the case when it comes to a policy pause from G10 central banks.
It is much more difficult for banks to attract cheap capital from non-term deposits, or current account savings account (CASA), in the context of high interest rates on...
Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.
Even as the biggest real estate businesses struggle with debts and bankruptcy, banks continue to stay afloat and tackle the bad debt situation over a period of time....
The Fed has suggested that it has paused its rate hikes. It is not the first developed-country central bank to do so and others could be joining soon, such as ECB, BoE.
At the end of 2022, survey results showed that 13 of 27 banks had an increase in bad debt ratio, but by the first quarter of 2023 this number was "bigger" when it...
Data from the State Bank of Vietnam (SBV) showed by the end of 2022, the charter capital of the whole banking system reached VNĐ876.99 trillion, up 13.04 per cent over...
Banks in Vietnam are now very keen to tie up with financially strong foreign partners to increase their capital, especially in the current situation where capital flow...
Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.
The State Bank of Việt Nam (SBV) plans to seize four weak commercial banks in a move aimed at strengthening the country's banking system.
In April, many big names in the sector announced changes to their Boards of Directors.
As of April 24, foreign banks and credit organizations have officially initiated a restructuring of loan repayment terms while retaining the current debt group to assist...
Many banks have planned strategic mergers and acquisitions (M&A) to expand the ecosystem, as announced in this year's shareholder meetings.
No longer hot on the stock market, yet banking sector remains one of the priorities of foreign investors, with foreign ownership rate in many banks reaching the cap of...
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