Finance

Lenders lift interest rates to reflect credit-deposit imbalance

Vietnam’s deposit market is showing renewed activity as private banks lift interest rates to attract funds, driven by robust credit growth and...

Banks proactive to ensure profitability

The initial public offerings of major securities firms mark the first shot in the race among the banking-securities-insurance triad, laying the...

S&P Global Ratings updates Techcombank’s credit rating to BB

S&P Global Ratings announced the upgrade of Techcombank to “BB” on August 25, underscoring its position as the leading private bank in Vietnam.

From provision buffers to bad debt insights

Financial statements from the second quarter show a continued decline in the non-performing loan coverage ratio, dropping to 79.82 from 80.40 per...

Vietnamese banks get ready to join crypto asset market

The newly issued Law on Digital Technology Industry will take effect from January 1 and is considered an important milestone, ending many years of...

Banks step up lending push ahead of year-end demand

With year-end borrowing needs on the rise, banks in Vietnam are rolling out measures to boost credit growth, aiming for stronger loan expansion in...

SBV tightens reins as new financial hub eyes clean money flow

The State Bank of Việt Nam has proposed that all international electronic money transfers valued at US$1,000 or more within the country’s forthcoming...

Rate race tightens as exchange pressures mount

As Việt Nam eyes higher growth, central bank easing faces limits amid mounting exchange rate pressures.

Banks urged to spare homes in debt seizures

The State Bank of Vietnam has proposed assets as sole homes and only sources of income be exempted from bad debt asset seizure.

Bad debt exceeds $11 billion, a mixed picture across lenders

The rise of non-performing loans forced banks to increase total credit risk provisions by 10 per cent to stand at VNĐ86 trillion (US$3.3 billion).





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