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banking

Acquirers of weak banks get incentive policies

Acquirers of weak banks get incentive policies

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.
Banking sector aims to lend 2.78 million in Region 4 in 2025

Banking sector aims to lend $2.78 million in Region 4 in 2025

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.
Corporate credit demand expected to keep rising this year

Corporate credit demand expected to keep rising this year

Credit for the individual customer segment last year slowed, while GDP last year recorded a strong recovery and household income growth remained low.
Banks promote dividend payments in shares to raise charter capital

Banks promote dividend payments in shares to raise charter capital

Banks with top profits are planning to pay high dividends.
Central bank injected more than VNĐ5 trillion to the market

Central bank injected more than VNĐ5 trillion to the market

The high USD and VNĐ interest rate gap is putting more pressure on the USD/VNĐ exchange rate.
Credit expansion benefits investment channels with high liquidity

Credit expansion benefits investment channels with high liquidity

To gain the Government’s target of 8 per cent GDP growth this year, the SBV sets a higher credit growth this year at 16 per cent, against 15 per cent last year. It means VNĐ2.5 quadrillion (US$78 billion) will be injected into the...
Credit cap regulation will cause problems for banks wanting to fund larger projects

Credit cap regulation will cause problems for banks wanting to fund larger projects

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.
Large banks step up foreign capital attraction

Large banks step up foreign capital attraction

Experts forecast that this year, banks will race to increase their charter capital in order to improve capital adequacy ratios and meet the capital needs for high credit growth.
Businesses in finance industry promote application of AI in operations

Businesses in finance industry promote application of AI in operations

Modern financial services have gone beyond basic transactions to become intelligent ecosystems personalised by AI.
Banks charter capital surges by 15.23% to 33 billion

Banks' charter capital surges by 15.23% to $33 billion

NCB''s charter capital surged from VNĐ5.6 trillion to VNĐ11.78 trillion, while Techcombank''s charter capital increased sharply from more than VNĐ35.2 trillion to nearly VNĐ70.66 trillion.
PM directs submitting draft law on bad debt settlement to NA in May

PM directs submitting draft law on bad debt settlement to NA in May

The settlement of bad debts must be developed into a draft law and submitted to the National Assembly (NA) in May 2025 for consideration and approval, according to a direction from Prime Minister Phạm Minh Chính.
Four banks to hold shareholders meetings in February and March

Four banks to hold shareholders' meetings in February and March

The four – Nam A Bank, VIB, Vietcombank and Eximbank – are preparing to hold their shareholders'' meetings in February and March 2025.
SBV Governor directs first tasks for banking sector in 2025

SBV Governor directs first tasks for banking sector in 2025

The Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng outlined goals and tasks for the entire banking sector in 2025.
Banks stimulate credit from the beginning of 2025

Banks stimulate credit from the beginning of 2025

Many banks have implemented loan packages with preferential interest rates. Currently, the lowest short-term loan interest rate is from 4.5 per cent.
Banks selling mortgaged assets to recover bad debts

Banks selling mortgaged assets to recover bad debts

Many banks are rushing to sell mortgaged assets to recover bad debts, as these types of debts are forecast to increase slightly this year.