Bank capital, asset value rise in April

Jun 6th at 10:40
06-06-2014 10:40:26+07:00

Bank capital, asset value rise in April

The total ownership capital of the domestic banking system amounted to more than VND472 trillion or US$22.48 billion in April, a rise of VND2.1 trillion or $100 million over March.

This has been reported by news website ttvn.vn, citing State Bank of Viet Nam sources.

Commercial joint stock banks witnessed the sharpest month-on-month increase in capital, which rose by VND1.8 trillion or $85.71 million to reach VND194.84 trillion or $9.28 billion.

No banks raised charter capital in April after they increased equities by a combined VND4 trillion or $190.48 million in the first quarter of the year. The total charter capital is now VND427.98 trillion or $20.38 million.

The total asset value of the lending institutions was VND5,810 trillion or $276.67 billion at the end of April, a month-on-month increase of VND2.32 trillion or $110.48 million.

The asset value of the State-run commercial banks rose by VND40.05 trillion, while that of the joint-stock banks fell by VND15.70 trillion or $747.62 million.

bizhub



NEWS SAME CATEGORY

Dollar price hits ceiling, but exchange rate stable

The US dollar climbed to its highest peak against the Vietnamese dong yesterday morning to VND21,245 per dollar, but analysts believe that the exchange rate will...

Central bank urged to lower interest rates on business loans

Most Vietnamese businesses have to take out bank loans at an annual interest rate of 10-13 percent, while companies in neighboring countries can access loans at a...

Ten banks assist HCM City firms

Ten banks on Tuesday signed contracts to provide preferential loans totaling VND718 billion, or US$34.19 million, to over 30 businesses in HCM City's District 10.

SBV calms forex fluctuations

Commercial banks pushed the US dollar rate to the ceiling on Monday, spurring the central bank to lower its selling price yesterday in a bid to calm the market.

$9.4b earmarked for HCM City works

The Sai Gon – Ha Noi Commercial Bank will provide a credit line for the Phu My Construction Development Joint Stock Company (PMC) to develop 14 infrastructure...

Commercial banks increase US dollar rates

The US dollar prices climbed in the domestic commercial banks and in the flea market on June 3, while the gold prices dipped slightly in Viet Nam.

SBV plays key role in financial system: forum

The State Bank of Viet Nam's (SBV) key role in stabilising the monetary and financial system topped the agenda at a recent seminar in Ha Noi.

Banks to reserve $476 million loans for fishermen

The State Bank of Viet Nam and commercial banks will reserve loans totalling VND10 trillion, or US$476.20 million, to assist fishermen facing difficulties due to...

Experts urge banks to lower cost of lending for local businesses

There is a need for banks to cut the lending interest rates further to make bank loans more accessible, and to rethink the implementation of the real interest rate...

Japanese financial firm to open office in Viet Nam

Resona Holdings, Inc., a financial holding company from Japan plans to open a representative office in HCM City in October this year, according to Vietnamplus.vn.

Bank stocks

Insurance stocks


MOST READ


Back To Top