Many banks have issued large amounts of bonds to raise thousands of billions of VND, pushing interest rates to around 8% per year, much higher than that of normal...
The extension of a policy on allowing commercial banks to reschedule the debt repayment period and maintain the debt group is necessary, but strong solutions are needed...
For much of this year the market has assumed that FED would be amongst the most cautious of the central banks when cutting rates. But just recently the momentum has...
It is estimated that by the end of June 2024, the economy's credit growth will reach nearly 4.5%. This number is still far from the yearly credit growth target of...
According to assessments of credit institutions, the overall business situation and pre-tax profit of the banking system in the second quarter of 2024 has improved but...
Commercial banks can continue to sell investment-linked insurance products through the bancassurance channel.
FIDT's Head of Research & Investment, Mr. Đoàn Minh Tuấn, predicts that as credit growth accelerates in the following two quarters, deposit rates may climb further...
Banks and insurance businesses have different understandings of the regulations in the Law on Credit Institutions 2024.
The decision to continue extending the debt restructuring period, keeping the debt group unchanged for another six months, is expected to continue to contribute to...
Analysts recommend that the State Bank of Vietnam (SBV) regulate banks' variable interest rates on consumer loans and set a interest rate caps for financial companies'...
In June, several banks continued to issue primary bonds to raise Tier 2 capital and improve business capital.
A problem that has been reflected in the past few years is the "sluggish" banks' ability to sell mortgaged assets to handle bad debts, whether real estate, machinery,...
As of June 14, credit growth has reached 3.79% compared to the end of last year, marking a bright spot for the banking sector, according to the central bank.
Credit within the banking system to the end of May 2024 increased by only 2.41% against the end of 2023, far from the credit growth target, the Government reported.
Many banks promote online lending to save time and costs for both parties and creating conditions to promote credit growth.
Unlike 2022 and 2023, the exchange rate has been hot since the beginning of 2024. Right after the early- months, the exchange rate has increased by 4.6%, a 3.4 %...
The Vietnam State Bank (SBV) yesterday announced its gold sale price to four state-owned commercial banks (Big-4) and Saigon Jewelry Company (SJC).
The first quarter 2024 business results of banks have been revealed, the bad debt ratio continues to increase. This situation makes banks' reserve buffers to prevent...
Many banks are planning to sell shares to foreign investors with the aim of attracting more diverse capital and enhancing competitiveness.
Since early May, many banks have continued to increase deposit interest rates to ensure a balance of capital sources in the context of a rapid increase in credit.
The business results for Q1 2024 of commercial banks showed positive growth, with some banks experiencing up to 165% growth. Despite low credit growth, the banks' growth...
There is clearly a sense that central banks are looking to cut policy rates, in many cases before inflation has reached target and a considerable time before central...
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