Slower than expected credit growth and a large number of non-performing loans have resulted in conservative growth targets among commercial banks for 2024, said industry...
To incentivize cashless payments, banks are offering customers prizes and bits of gold for making transactions of their apps
As interest rates are expected to continue declining, businesses and individuals will have the chance to access capital at affordable costs, supporting the recovery of...
According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6...
Just as G10 central banks collectively tightened policy through 2022 and much of 2023, so markets anticipate a collective easing of policy starting in the next few...
According to assessments of credit institutions, the business situation and profits in 2023 are low and have not met expectations, but in the first quarter of 2024 and...
Credit growth will be the main focus for the banking industry in 2024, as it closely relates to economic growth, according to analysts.
Banks are set to continue their practice of paying stock dividends this year in order to bolster their capital and attract cash flow, driven by positive prospects.
There continues to be a good deal of focus on financial market pricing of central bank policy this year, particularly the Fed.
The increasing risk of bad debt forces banks to sell secured assets, especially real estate, at discounts.
There continues to be a good deal of focus on financial market pricing of central bank policy this year, particularly the Fed.
Deposit interest rates at four major banks of Vietnam were adjusted sharply, down by 0.4% per year from the previous listings, bringing the rate to 1.8% per year at the...
According to Dr. Nguyen Quoc Hung (photo), Vice President and General Secretary of the Vietnam Banking Association, in order to participate in monetary policy to support...
It is anticipated that there will be significant changes in the scale of the banking sector's charter capital this year.
The proposal was one of conclusions under the Government’s Resolution 05/NQ-CP that was issued after a recent Government meeting on law making.
According to many opinions, the asset quality of banks will be temporarily under control at the current level until the end of 2023, but moving into 2024, the situation...
Following a period of difficulty getting bank credit, real estate firms have lately seen a series of capital assistance packages from banks.
The total value of issued corporate bonds by the end of November 2023 was VNĐ247.59 trillion, of which, the banking industry accounted for the majority with 48.6 per...
Savings interest rates have set a new record low of only 1.9% per year for a 1-2-month term.
The banking industry has experienced a difficult period in 2023 due to global and domestic headwinds. However, the industry outlook is forecast to be more positive next...
As this is the last daily commentary of the year we thought that we’d outline some of our assumptions for next year and how these shape our predictions for financial...
VCBS expects the lending interest rate will decrease by another 1-1.5 percentage points in 2024. In particular, banks will consider lowering interest rate for some...
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