At a time when most businesses are facing serious losses, with some even in dire situations and having to sell off much of their assets, banks continue to announce...
By early May, commercial banks have started to reduce deposit interest rates. With this the average deposit interest rate that had peaked in January at 9 percent per...
It is much more difficult for banks to attract cheap capital from non-term deposits, or current account savings account (CASA), in the context of high interest rates on...
Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.
Data from the State Bank of Vietnam (SBV) showed by the end of 2022, the charter capital of the whole banking system reached VNĐ876.99 trillion, up 13.04 per cent over...
Banks in Vietnam are now very keen to tie up with financially strong foreign partners to increase their capital, especially in the current situation where capital flow...
In April, many big names in the sector announced changes to their Boards of Directors.
Banks are cautious about growth for 2023 when preparing business plans to submit to their annual general meetings of shareholders (AGM) this month.
According to the Vietnam Chamber of Trade and Industry (VCCI), the credit growth limitation is one of the most influential policies in the banking system of Vietnam, but...
Banks are maintaining a cautious approach in dealing with the current crisis in the real estate market.
Documents prepared for the upcoming AGMs show some banks are cautious about profit targets set for this year.
The race to lure demand deposits, or current account savings account (CASA), among banks seems to be decelerating as it is more difficult for them to attract the cheap...
TPBank is due to pay a cash dividend at a rate of 25 per cent instead of a stock dividend like in previous years. This means that shareholders will receive VNĐ 2,500...
The interest rate hike race among banks is showing signs of cooling down as many banks have adjusted down the rate by 0.1-1 percentage points per year after the Lunar...
According to industry insiders, demand deposits, or current account savings account (CASA), of many banks has started to decline since the second quarter of 2022.
The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business...
The race to increase charter capital in the banking sector continues to heat up with a series of banks announcing their capital increase plans.
The banking industry has seen many changes in recent years thanks to digital transformation. However, this is an issue that brings opportunities along with challenges...
Large banks are starting to join the deposit interest rate hike race along with small- and medium-sized banks due to rising capital demand pressure after a long time...
According to Vietnam Bankers Association, the banking sector currently has a loan balance of about VND12 quadrillion with a huge number of customers. Therefore, the...
Banks’ asset quality has been relatively affected as a consequence of the COVID-19 pandemic, in which 1Q22 average NPL ratio rose while LLR slightly reduced compared...
Banks have been promoting a target of diversifying income sources to reduce dependence on credit.
VN
EN