Although banking profits are expected to grow slower in Q4/2022 and in the first half of 2023, experts still have an optimistic outlook on bank stocks in the short term.
Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar,...
Bad debts always come hand in hand with business activities of all commercial banks.
According to industry insiders, demand deposits, or current account savings account (CASA), of many banks has started to decline since the second quarter of 2022.
Last week, the BoE told the market that it is wrong to expect the base rate to rise in the way that’s factored into the implied money market curve.
Major central banks have accumulated huge amounts of assets via all the bond (and FX) purchases done over the years since the global financial crisis (GFC).
The 50-bps rate increase from the Bank of Canada reflected the second time it has reduced the size of its rate hikes. The Reserve Bank of Australia has also moved to a...
A majority of banks expected their business results to continually improve in Q4 2022, helping them gain profit for the whole year.
Commercial banks have been facing difficulties in recovering bad debts as they were unable to find buyers for high-value collateral despite big discounts.
Commercial banks should be able to pass some of the additional cost on to borrowers, limiting the impact on net interest margins (NIM), according to Fitch Ratings.
Just recently we’ve seen two instances of intervention: FX intervention by the Bank of Japan (BoJ) and Bank of England (BoE) intervention in the gilt market.
Besides interest and exchange rates, non-performing loans (NPLs) are also a concern for banking activities in the remaining months of 2022, experts have warned.
The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business...
The race to increase charter capital in the banking sector continues to heat up with a series of banks announcing their capital increase plans.
Through credit packages with preferential interest rates, and products and services customised to each customer group’s needs, banks focus on helping enterprises access...
Though there are currently no regulations that require the application of Basel III international banking standards, some banks have pioneered the implementation of the...
A number of banks have been approved by the State Bank (SBV) to increase charter capital as well as plan to increase charter capital in the near future. This move not...
Although not all banks have announced business results for the first six months of the year, with positive forecasts and results, high-profit banks are almost fully...
The country’s economy is recovering positively after the Covid-19 pandemic, making the capital demand for production and business increase. However, businesses are...
If the State Bank of Vietnam (SBV) waits until the fourth quarter of 2022 to provide additional credit quotas to banks, it will be too late in comparison to the current...
Besides the strong increase in credit in the first half of the year, the insurance distribution segment (bancassurance) is having a positive impact on banks’ business...
Banks must tighten their assessment controls of corporate bond investments to avoid excessive risk and the misuse of funds raised by firms, experts said.
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