Accessing capital is still very difficult due to the strict lending regulations of banks.
The "big" banks with state capital proposed to increase their capital in 2023 to improve their financial capacity.
Both foreign and domestic fintech firms are promoting connections with commercial banks to lend unsecured loans to individuals, and small and micro enterprises as demand...
Up to now, 12 banks have committed to reducing interest rates from 0.5-3% per year with an amount of more than VND 3,300 billion to support businesses and people.
International capital has flowed into many Vietnamese banks in 2022, which is a good sign indicating the capacity of domestic joint stock commercial banks.
The Fed, ECB, BOE and SNB all hiked 50-bps while Norges Bank announced a smaller 25-bps hike.
Amid rising non-performing loans (NPLs), many banks have strongly increased their loan-loss reserve (LLR) funds to readily face uncertainties in the future.
Many commercial banks are prepared to inject more than VND200,000 billion worth of cash into markets after the State Bank of Vietnam approved the expansion of the credit...
According to Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu, credit growth must be in accordance with exchange rates and interest rates, so now is the...
The proposal was under SBV’s draft decree on amending and supplementing a number of articles of Decree No. 01/2014/NĐ-CP dated January 3, 2014 of the Government on...
The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.
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.
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