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.
Banks will have to exercise caution to ensure stable liquidity when trillions of Vietnamese dong in savings deposits reach their maturity dates over the next few months,...
Deputy Governor of the State Bank of Vietnam (SBV) Phạm Tiến Dũng said accessing the national population database will help banks to check and authenticate new customer...
According to data from the State Bank of Vietnam (SBV), the bad debt ratio on the balance sheet of the whole system by the end of February 2023 has reached 2.91%,...
Soon after the article " Decoding the "Enigma" of Banks ” was published, Saigon Investment received many comments that now require an appropriate response.
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.
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