Amidst the crisis of confidence in the "marriage" between banks and insurance, the cross-selling revenue from insurance at banks significantly declined in the first half...
While revenue from many other business activities dropped sharply, many banks still "won big" from foreign exchange business.
Commercial banks have persistently reduced deposit interest rates, resulting in rates for many terms now standing at just above 6% per annum.
Falling profit margin (NIM), low credit growth, high provisioning costs... are the reasons why commercial banks' business picture in the second quarter and first six...
Lending interest rates will drop sharply in the second half of 2023 as capital costs of commercial banks are falling, analysts forecast.
The financial statements of the first 6 months of 2023 of banks are gradually being "revealed", in which, the picture of bad debt is still covered in gray.
The Government Office on July 31 issued a notice on Prime Minister Pham Minh Chinh’s opinions at a recent conference reviewing the performance of the banking sector in...
The risk of bad debt is warned to continue to increase, so banks recommend more legal corridors to effectively handle bad debts. At the same time, they promote the...
Despite decreasing interest rates and abundant credit growth quota, experts said it is difficult for commercial banks to promote lending in the context of difficult...
Pre-tax profit growth of the whole banking industry will decelerate in 2023 and there will be a significant difference in the growth between small- and large-sized...
Deputy Prime Minister Le Minh Khai has requested the State Bank of Vietnam (SBV) and relevant ministries and organisations to consider solutions to solve financial...
In the second half of the year, the fact that the State Bank of Vietnam (SBV) continuously cut operating interest rates at the end of the second quarter of 2023 has...
Many firms lack collateral; if banks refuse to endorse unsecured and cash flow-based loans, it will be difficult to stimulate credit growth.
Banks have to lower lending interest rates to stimulate demand for new loans as credit growth falters and deposit interest rates have also dropped sharply.
Credit institutions forecast the demand for banking services will be buoyant in the remaining months of this year, of which credit growth will reach about 4.4% in the...
It doesn't matter if a ceiling of 5.0 or 3.0 per cent would be imposed. All that matters is that credit institutions are obliged to disclose who is pulling their strings.
The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing...
According to the State Bank of Vietnam (SBV), by the end of May 2023, the economy's credit reached over VND 12.3 quadrillion, an increase of about 3.17% compared to the...
Government bonds prospered again in the first five months of the year.
All major banks have slashed their deposit interest rates across all terms following the rate cut by the State Bank of Việt Nam (SBV) earlier this week.
According to analysts, in order to promote bank loan demand, commercial banks must be more open and flexible, while ministries, sectors, and localities must work...
Low credit growth has made large banks curb capital mobilisation and implement solutions for attracting borrowers.
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