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21/05/2024, 02:00

How did many banks' profits surge in Q1 2024?

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...

by Admin
15/05/2024, 02:00

Banks raise interest rates to attract depositors

Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount...

by Admin
09/05/2024, 02:00

Deposit interest rates begin to see increases

Several commercial banks in Vietnam have started to raise their deposit interest rates by 0.5 – 1 percent, leading to the worry of a possible loan interest rate rise as...

by Admin
10/04/2024, 02:00

Banks seek to attract foreign capital

Banks are actively developing plans to attract capital from foreign investors through various methods, aiming to enhance their capital "buffers" and improve their...

by Admin
13/03/2024, 02:00

Banks reduce revenue from insurance services

In 2023, a series of negative incidents related to insurance sales resulted in a drop of revenue from cross-selling insurance of many banks. However, the opportunity for...

by Admin
01/02/2024, 02:00

Banks are facing new challenges in 2024

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...

by Admin