Slower than expected credit growth and a large number of non-performing loans have resulted in conservative growth targets among commercial banks for 2024, said industry...
To incentivize cashless payments, banks are offering customers prizes and bits of gold for making transactions of their apps
As interest rates are expected to continue declining, businesses and individuals will have the chance to access capital at affordable costs, supporting the recovery of...
According to financial statements of banks, the total net profit from securities investment of 12 banks in Q4 2023 increased by 195 per cent to more than VNĐ5.6...
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...
Banks are set to continue their practice of paying stock dividends this year in order to bolster their capital and attract cash flow, driven by positive prospects.
The increasing risk of bad debt forces banks to sell secured assets, especially real estate, at discounts.
Deposit interest rates at four major banks of Vietnam were adjusted sharply, down by 0.4% per year from the previous listings, bringing the rate to 1.8% per year at the...
According to Dr. Nguyen Quoc Hung (photo), Vice President and General Secretary of the Vietnam Banking Association, in order to participate in monetary policy to support...
It is anticipated that there will be significant changes in the scale of the banking sector's charter capital this year.
According to many opinions, the asset quality of banks will be temporarily under control at the current level until the end of 2023, but moving into 2024, the situation...
Following a period of difficulty getting bank credit, real estate firms have lately seen a series of capital assistance packages from banks.
The total value of issued corporate bonds by the end of November 2023 was VNĐ247.59 trillion, of which, the banking industry accounted for the majority with 48.6 per...
Savings interest rates have set a new record low of only 1.9% per year for a 1-2-month term.
Việt Nam’s four largest banks, Agribank, VietinBank, BIDV, and Vietcombank, have continued to sharply reduce savings interest rates since this week.
In a recent report on the banking industry, VNDirect Securities Company said the average NIM ratio of 25 listed banks in the third quarter of 2023 was 3.32 per cent, a...
Due to the modest credit growth results in nearly 11 months of 2023, the State Bank (SBV) has decided to redistribute the credit "pie" with the expectation that it will...
As the national economy is still rather unhealthy with the credit growth in the first 10 years only reaching half the set target, all banks are trying to unblock credit...
SBV’s statistics showed 28 banks have expected to increase their charter capital by more than VNĐ163 trillion in 2023, higher than last year’s number of VNĐ154 trillion....
The increase in provision costs of banks in recent quarters was forecast previously as the sharp increase in bad debt of firms, especially in the real estate and export...
Deposit interest rates are expected to remain unchanged in 4Q23, while loan interest rates are expected to fall further 0.25%.
The net interest margin (NIM) narrowed, while non-performing loans were increasing.
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