Banks’ outlook for 2H remains cautious
The profit forecast of the Vietnam banking system in 2H could not be as high as in 1H, said SBS.
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.
Domestic banks will continue striving to ensure business performance and deliver on commitments to investors while supporting clients amid difficulties this year.
The Vietnam Bank for Agriculture and Rural Development (Agribank) on July 15 said it will cut lending rates in Vietnam dong for the fifth time.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) again tops the list of ten most prestigious commercial banks in Vietnam this year, according...
The cut, which begins from this month to late 2021, will depend on each bank’s financial situation.
A number of banks have increased bond issuance to attract mid-term and long-term capital, leading to changes in capital mobilisation in the corporate bond market in the...