As bad debts rise and asset seizure rights under Resolution 42 are no longer maintained, commercial banks must establish tight lending requirements and processes.
Nearly 20 commercial banks in Vietnam have adjusted deposit rates since the beginning of this month, with most lowering rates.
Credit growth will be the main focus for the banking industry in 2024, as it closely relates to economic growth, according to analysts.
According to Mr. Quan Trong Thanh, Head of Research, Strategy, and Banking Sector at Maybank Investment Bank (Vietnam), in order to maintain profits, many banks...
The HCM City Real Estate Association (HoREA) has proposed the central bank amend a regulation that currently prohibits credit institutions from buying corporate bonds...
Facing with the current situation of the economy's capital needs and ensuring the safety of the banking industry, improving the financial capacity of state-owned...
Commercial banks have persistently reduced deposit interest rates, resulting in rates for many terms now standing at just above 6% per annum.
Cash flow from government bonds is meant to flow into the treasury for the benefit of the economy but in a vicious cycle, cash is being deposited back in banks to buy...
Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.
Having hold of a large amount of bad debts mortgaged by real estate, Vietnam’s four biggest State-owned banks are urgently recovering the debts, but the work remains...
On April 3, 2023, the interest rates ceiling for non-term and term deposits under 6 months according to the new regulations of the State Bank of Vietnam (SBV) have been...
Investors and shareholders have been left surprised with corporations and businesses divesting from commercial banks at a starting price higher than the market price.
Commercial banks that underwrite and sell corporate bonds have to buy them back if investors so demand, the central bank has said.
According to some experts, commercial banks are holding 71 percent of corporate bonds issued by real estate companies.
Many banks have just launched credit packages with preferential lending interest rates that decreased by between 0.5-3% per year for customers in the fields of business...
Banks are facing higher cost of fund (COF) as a result of tightening liquidity and stricter monetary policies.
The "big" banks with state capital proposed to increase their capital in 2023 to improve their financial capacity.
Both foreign and domestic fintech firms are promoting connections with commercial banks to lend unsecured loans to individuals, and small and micro enterprises as demand...
International capital has flowed into many Vietnamese banks in 2022, which is a good sign indicating the capacity of domestic joint stock commercial banks.
Many commercial banks are prepared to inject more than VND200,000 billion worth of cash into markets after the State Bank of Vietnam approved the expansion of the credit...
Bad debts always come hand in hand with business activities of all commercial banks.
A majority of banks expected their business results to continually improve in Q4 2022, helping them gain profit for the whole year.
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