The financial statements of the second quarter and the first six months of 2022 from many banks have revealed not very positive developments in credit quality when...
Some qualified commercial banks are forecast to get higher credit growth quotas from the State Bank of Việt Nam (SBV) in the next few months.
The banking industry has seen many changes in recent years thanks to digital transformation. However, this is an issue that brings opportunities along with challenges...
From the beginning of August 2022, many more banks including commercial banks with state capital have raised the interest rate offered on savings accounts to attract...
The recent financial statements of commercial banks for the second quarter show that the total amount of bad debts increased by about 17.5% compared to the beginning of...
The real estate industry has been very beneficial to the Vietnamese economy. It is critical to implement an acceptable credit policy rather than halting loans for this...
With inflation rising dramatically, the critics are out and, not surprisingly, central banks are in the firing line.
By the end of the first half of 2022, although banks have not yet released specific financial statements, some forecasts have predicted that profits of some banks may...
Many banks have so far not only closed their doors to real estate development borrowers but also restricted loans to home buyers.
A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Vietnam (SBV)’s latest survey on business trends of...
Large banks are starting to join the deposit interest rate hike race along with small- and medium-sized banks due to rising capital demand pressure after a long time...
The settlement of disputes related to security assets of bad debts at banks is still limited, not accepted or resolved according to simplified procedures, affecting the...
Banks are forecast to have a credit expansion at the end of the third quarter of 2022, according to Saigon Securities Incorporation.
According to Vietnam Bankers Association, the banking sector currently has a loan balance of about VND12 quadrillion with a huge number of customers. Therefore, the...
Central bankers continue to claim that inflation can be tamed without causing recessions.
Vietnam has controlled inflation at 2.25% in the first five months of the year, but inflationary pressure in coming time is very large. Therefore, monetary policy...
According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market...
The interest rate level for savings accounts continued to increase in the early days of June 2022, and the interest rate "race" now has the participation of the "big"...
Banks’ asset quality has been relatively affected as a consequence of the COVID-19 pandemic, in which 1Q22 average NPL ratio rose while LLR slightly reduced compared...
Commercial banks in Vietnam are currently launching the 2 percent interest rate support package from the State budget package of VND40 trillion (US$1.7 billion) for...
Banks have been promoting a target of diversifying income sources to reduce dependence on credit.
By the end of the first quarter of 2022, the bad debt ratio at many banks tends to increase, while many forecasts have raised concerns that this problem will increase...
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