In HCM City, banks are working directly with industry departments and enterprises to identify challenges and enhance access to financing, particularly in key sectors such as agriculture, social housing, high-quality rice production and coffee exports.
The new decree also regulates that the total share ownership of foreign investors at a Vietnamese non-bank credit institution will also not be allowed to exceed 50 per cent of the institution’s charter capital.
According to SBV’s data, bad debts of commercial banks as of December 31, 2024 were more than VNĐ733.9 trillion, an increase of 3.4 per cent compared to the end of 2023
After 15 years in the banking sector in HCM City, 40-year-old Lưu Thị Giang from the Central Highlands province of Đắk Nông received the news that she was being laid off.
Vietcombank plans to execute a private placement of 6.5 per cent of its equity, while BIDV anticipates raising about VNĐ4.8 trillion (US$188 million) through the issuance of 123.8 million shares in the first quarter of 2025.
Many micro, small and medium-sized enterprises (MSMEs) in HCM City struggle to access credit, despite banks offering numerous loan packages with preferential interest rates.
The State Bank of Vietnam (SBV) completed the compulsory transfer of four vulnerable banks, CB, Oceanbank, DongA Bank and GPBank to Vietcombank, MB, HDBank, and VPBank, respectively.
The provinces in Region 4 are important geographical locations, with Lào Cai and Hà Giang bordering with China to the North, and Vĩnh Phúc and Phú Thọ bordering with Hà Nội to the South.
Standard Chartered Vietnam and the SBV have co-organised a conference themed ''Women in banking take steady steps in digital transformation'' in Hà Nội.
Under the Law on Credit Institutions, which took effect from July 2024, over the next five years, credit caps for a customer will decrease by one per cent every year and two per cent for a customer and his/her related parties.
