Banks await higher credit growth quota
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.
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...
This year, shareholders of banks continue to receive dividends in shares, but at a "giant" rate. This not only helps shareholders but also creates favorable conditions...
Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling...
The State Bank of Vietnam has been directed by the Government for many years to reduce lending interest rates. In the current effort towards economic recovery and...
The demand for capital from the economy increased again, helping to increase credit in the first two months of 2022. This is expected to help businesses quickly restore...
Under pressure to increase the capital of commercial banks to continue restructuring attached with bad debt settlement to energize the economic recovery, the regulation...
The strong development of the stock market, with rising retail investors and financial investment demand, has prompted many banks to cooperate with securities firms and...
Four state-owned commercial banks in Vietnam, namely, Vietcombank, VietinBank, BIDV, and Agribank, have held lead position in the banking industry since 2017.
Talking to Customs News, Mr. Dang Tran Phuc, Chairman of the Board of Directors of AzFin Vietnam Joint Stock Company (an organization specializing in finance and...
All real estate transactions must be implemented through banks, the General Department of Taxation has proposed to the Ministry of Finance.
A large number of central banks have lifted policy rates already and many more are waiting in the wings to kick off their own rate-hike cycles. However, a balancing act...
Banks have been increasing the attraction of deposits to have enough capital for the credit needs of customers. Credit demand is expected to increase from the first...