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State-owned commercial banks

Banks to keep profits on new decree

Banks to keep profits on new decree

A new decree released by the Government will allow State-owned commercial banks to save cash to increase their strength instead of paying dividend to shareholders.
Delay forecast for banks capital hike plans

Delay forecast for banks’ capital hike plans

The Government’s plans to increase capital for large State-owned commercial banks in the first quarter of this year could be delayed due to the Covid-19 outbreak, analysts predicted.
Banks face big capital burden despite dividend plan

Banks face big capital burden despite dividend plan

A plan to allow large Vietnamese State-owned commercial banks to pay dividends in shares or retain dividends would help them accumulate capital and meet regulatory minimum capital thresholds, Fitch Ratings said on Friday.
State-owned banks to retain dividends for capital hike

State-owned banks to retain dividends for capital hike

Authorities have basically agreed on a State Bank of Việt Nam (SBV) proposal to allow large State-owned commercial banks to retain their dividends or pay them in shares to increase capital.
SBV urges the use of State budget for banks capital hikes

SBV urges the use of State budget for banks’ capital hikes

The State Bank of Viet Nam (SBV) has urged relevant ministries to revise regulations allowing State-owned commercial banks to use the State budget to hike capital.
Government directs capital hike for State-owned banks

Government directs capital hike for State-owned banks

The Government is directing ministries and agencies to raise capital for State-owned commercial banks through the use of dividends or share sales this year.
State Treasury deposits at banks down 28%

State Treasury deposits at banks down 28%

The State Treasury holds deposits of nearly VND170 trillion (US$7.23 billion) in three State-owned commercial banks - Vietcombank, BIDV and VietinBank - by the end of June, down 28 per cent against deposits held in January.
Differences in rates at large banks

Differences in rates at large banks

In contrast to Vietcombank’s move to cut deposit interest rate a week ago, two other large State-owned commercial banks Vietinbank and BIDV this week announced they were raising the rate.
Bank assets value surges in March

Bank assets value surges in March

The health of credit institutions improved significantly in March, with the value of their assets registering a sharp increase over February to more than VND123.4 trillion (US$5.8 billion).
Non-performing loans total 6b in July

Non-performing loans total $6b in July

Non-performing loans totalled VND138.98 trillion (US$6 billion) by the end of July, accounting for 4.58 per cent of commercial banks'' total loans, according to the latest data from the State Bank of Viet Nam.
Healthy firms given access to cheap loans

Healthy firms given access to cheap loans

Several enterprises with healthy and transparent finances and effective business plans have been given loans at a rate of only 6.5-7 per cent per year, according to the State Bank of Viet Nam
Lending over 4 months up 2.1%

Lending over 4 months up 2.1%

The outstanding loans given by commercial banks have increased 2.11 per cent since December, according to the State Bank of Viet Nam (SBV).