The banking sector will provide enough credit to businesses at supportive interest rates this quarter to help revive them, according to the State Bank of Vietnam’s...
It is forecasted that in the third quarter of 2021, most banks will still have positive growth, only one bank sees a decrease in profit compared to the same period last...
Since commercial banks has seen big earnings during the third quarter of 2021 despite social distancing measures in place in many cities and provinces, insiders believed...
Although the State Bank of Vietnam (SBV) has had the policy to reduce interest rates and extend the repayment period to support enterprises in the restoration of...
Central banks have issued new policies are suited to fighting the “new” war, which is against inflation, not deflation.
Profits of the banking industry in the third quarter of 2021 would decrease by 19 percent compared to the previous quarter due to slowing credit growth and increasing...
At the moment, there are many views of inflation, in which FED said that it is a little less transitory. How will central banks tighten monetary policy?
Some central banks around the world started to raise rates after a long time of the accommodative monetary policy. What is the reason for this rates hike?
From January to August, 2021, Vietnam recorded 490 domestic corporate bond issuances worth more than VND308,000 billion. Banking and real estate led in issued corporate...
Banks have been promoting the mobilisation of medium- and long-term capital through bond issuance to meet the State Bank of Vietnam (SBV)’s requirements on capital...
About 67 percent of surveyed banks believe they will lose market share within two years if they fail to digitally transform, according to a new report from cloud banking...
The profit forecast of the Vietnam banking system in 2H could not be as high as in 1H, said SBS.
The risk of policy mistakes from government and central banks is high because of Covid-19. This is not just because nobody has lived through a global pandemic before; it...
The banking industry sharply reduced outstanding loans for real estate business in the first half of 2021 and will continue such limits in the second half.
The most significant example of ongoing intervention in FX has been from the Swiss National Bank (SNB) as it tries to stop the franc from rising too rapidly against the...
Telecoms operators still have not cut charges for SMS services in banking, even though the banks have proposed reductions several times.
Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.
With such a move, customers would now have another six months to recover their business operations.
Banks at the end of July reported significant increases in first-half profits on strong credit growth despite pressures from the pandemic
Economic growth is surging in the developed nations, inflation is rising sharply, some central banks have already started to pare back their monetary stimulus,...
Banks will continue to tighten lending in risky sectors including securities, real estate, financial, and tourism business, seeing higher credit risks in the remaining...
The recent news by several Commercial Banks to lower lending interest rates can be considered good for businesses in particular and the economy in general.
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