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...
Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota this year.
One of the issues that has attracted attention at banks’ General Meeting of Shareholders in recent years was the information that some banks received a forced transfer...
Commercial banks were told to launch a 40 trillion VND support package with a 2 percent yearly rate cut for businesses in a meeting with the State Bank of Vietnam (SBV)...
Major central banks have two main avenues to tighten financial conditions: higher rates and quantitative tightening.
In addition to promoting investment in technology to digitize services, many banks are also trying to find their own way to create an advantage in the increasingly...
Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, provisions and deposit interest rates.
For the very first time, a private bank has overtaken a state-owned bank in Vietnam in consolidated profits in the first quarter of the year.
Recently, the State Bank of Vietnam (SBV) has sent a strong message, asking commercial banks to strictly control credit into the real estate sector in the context that...
Several banks claim successful management of cash flow in risk areas, particularly in real estate, while companies dealing in real estate continue to depend heavily on...
The capitalisation of Vietnam’s banking sector is expected to increase by nearly 2.8 billion USD this year.
Many banks have made moves to "tighten" disbursement of real estate loans, and corporate bonds, instead, banks are promoting more profitable "chances" from service...
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