Bad debts kept rising in first five months of 2024

Monday, Aug 12, 2024

The bad debt ratio of the banking system as of the end of May 2024 was at 4.94 per cent, higher than the 4.55 per cent at the end of 2023

Green outstanding loans reached over VNĐ636.96 trillion at end of Q1

Saturday, Jun 01, 2024

ESG outstanding loans of the banking system had grown steadily over the years, reaching about VNĐ2.9 quadrillion by the end of the first quarter this year, accounting for more than 21 per cent of the total.

Credit continues to decline in February 2024

Monday, Mar 04, 2024

A Viet Dragon Securities (VDSC) report released recently said, according to estimates by the State Bank of Vietnam (SBV), the credit of the banking system as of February 16 this year decreased by 1 per cent compared to the end...

Central bank injects large amount of money to support capital for banks

Wednesday, Feb 21, 2024

The move was quite unexpected in the context that the peak payment period near the Lunar New Year has passed.

Credit institutions forecast bank credit to increase by 4.4% in Q1 2024

Tuesday, Jan 23, 2024

Under the latest survey released last week, credit institutions forecast the rise of the outstanding loans in the whole year of 2024 will be 14.2 per cent, 0.4 percentage points higher than the forecast in the previous survey.

Bad debt ratio of banking system surges to 3.56 per cent

Tuesday, Oct 24, 2023

Some bank leaders believe the bad debt ratio will peak in the third quarter of this year and start to gradually decrease from the beginning of the next year.

Liquidity of banking system forecast to be abundant in Q4 2023

Saturday, Oct 14, 2023

According to credit institutions, the liquidity of the banking system in the third quarter of 2023 continued to maintain a good and improved status.

Prime Minister urges banking system to priotise capital for production and growth

Sunday, Jul 16, 2023

Prime Minister Phạm Minh Chính has directed the banking system to prioritise capital for production and business to fuel growth in the latter half this year.

Viet Nam’s banking system shows signs of money surplus

Monday, Apr 10, 2023

Viet Nam’s banking system is showing signs of returning to a period of money surplus.

Bank law to be amended to ensure banking system safety

Wednesday, Mar 15, 2023

The State Bank of Viet Nam (SBV) is collecting comments on its draft revised Law on Credit Institutions to better ensure the safety of the banking system.

Liquidity of whole banking system remains good: SBV’s Governor

Tuesday, Nov 08, 2022

The liquidity of the whole banking system has remained good, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong said on Sunday.

Law expected to be revised to improve safety of the banking system

Friday, Nov 04, 2022

The SBV expected the amendment of the Law on Credit Institutions will prevent cross-ownership and governance abuse of major shareholders to manipulate the operations of credit institutions.

Finance ministry sets targets for banking system

Tuesday, Aug 23, 2022

The MoF will coordinate with other ministries to set regulations on capital increases for State-owned credit institutions, especially the Bank for Agriculture and Rural Development of Vietnam (Agribank).

Viet Nam’s Cake wins Asian Banking & Finance Award for Best Core Banking System Initiative

Monday, Aug 01, 2022

Innovative Vietnamese digital bank Cake by VPBank has won the Asian Banking & Finance Awards for the Best Core Banking System Initiative – Viet Nam at the ABF Retail Banking Awards 2022.

Credit growth of banking system expands by over 17 per cent

Saturday, Jun 18, 2022

Credit of the Vietnamese banking system as of June 9 surged by 17.09 per cent against the same period last year.