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...
Having hold of a large amount of bad debts mortgaged by real estate, Vietnam’s four biggest State-owned banks are urgently recovering the debts, but the work remains...
On April 3, 2023, the interest rates ceiling for non-term and term deposits under 6 months according to the new regulations of the State Bank of Vietnam (SBV) have been...
Many central banks have purchased gold for their reserves, which might boost the price of gold to a new high.
Investors and shareholders have been left surprised with corporations and businesses divesting from commercial banks at a starting price higher than the market price.
Central banks have been at pains to argue that the objectives of inflation control and financial stability do not conflict.
Banks are cautious about growth for 2023 when preparing business plans to submit to their annual general meetings of shareholders (AGM) this month.
Many domestic enterprises are facing the situation of not being able to repay bank loans despite being supported with restructuring. This leads to the risk of switching...
The State Bank of Vietnam (SBV) has suggested the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.
Many central banks are concerned about reducing inflation while maintaining financial stability.
Though Việt Nam's banking industry expects to have many development opportunities in 2023, problems with liquidity, interest rates and bad debts are putting great...
The State Bank of Vietnam (SBV) has unveiled a preliminary revision to Circular 16, requesting public input on proposed modifications that would permit credit...
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