Vietnam > Finance

Central bank to raise credit limit, banks slash interest rates

12/07/2022 07:58

The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14 per cent limit on December 5.

Headlines

Vietnam > Finance

Banks admitting weak ones proposed to get higher foreign ownership restrictions

12/07/2022 13:56

The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership limit for credit institutions that receive the compulsory transfer of weak credit institutions to 49 per cent.

Vietnam > Finance

Central bank to raise credit limit, banks slash interest rates

12/07/2022 07:58

The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14 per cent limit on December 5.

Vietnam > Finance

Central bank expands credit growth target amid rising capital demand

12/07/2022 07:57

The expansion of the credit room by 1.5-2 percentage points would mean an addition of VND156-200 trillion ($6.5-8.3 billion) being injected into the economy.

Vietnam > Finance

Vietnam central bank raises cap on 2022 credit growth

12/06/2022 16:05

Vietnam's central bank said on Monday it had raised its 14% cap on the local banking system's credit growth for this year by 1.5-2.0 percentage points.

Vietnam > Finance

New reforms needed for full digitization

12/06/2022 11:14

There is a fast-growing trend across the world to digitalize the entire global financial and banking systems. Digitalization is being believed to be a great driver of economic growth.

Vietnam > Finance

Home Credit recognized as one of Vietnam’s Top 100 Sustainable Companies

12/05/2022 17:05

At the announcement ceremony of the Vietnam Corporate Sustainability Index (CSI) Enterprises 2022 on December 1st, Home Credit was honored among the Top 100 Sustainable Companies (CSI100), proving its excellence in meeting the rigorous criteria of this recognition.

Vietnam > Finance

Restructuring to boost M&A in banking industry

12/05/2022 11:04

Weak banks that are restructuring will be the target of mergers and acquisitions (M&A) deals in the near future as the Government is strongly promoting the restructuring of the country’s finance and banking industry.

Vietnam > Finance

Commercial bank NIM status following projections

12/03/2022 08:14

The recent decline in net interest margin of commercial banks has been deemed not as significant as anticipated, with some smaller-scale banks showing improvements on the issue.

Vietnam > Finance

Deposit rate hikes still lingering

12/03/2022 08:12

Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.

 

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