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vietnam commercial banks

SBV takes supportive stance to finance firms

SBV takes supportive stance to finance firms

State Bank of Vietnam has lifted caps on credit growth to boost credit to the economy as firms need bank loans to scale up production towards year-end.
Experts warn about participation of real estate companies in banks

Experts warn about participation of real estate companies in banks

Experts have raised concerns about the involvement of real estate companies in commercial banks, warning it may pose risks to the financial system and the whole economy.
State Bank of Vietnam draft regulations on social housing lending cause controversy.

State Bank of Vietnam draft regulations on social housing lending cause controversy.

The State Bank of Vietnam (SBV) has proposed that commercial banks not be allowed to provide preferential loans to low-income people seeking to purchase, lease and lease-purchase social houses.
Banks raise deposit rates but only short-term

Banks raise deposit rates but only short-term

Many commercial banks raised deposit interest rates in recent months, triggering worries about the increasing pressure on the lending rates. But some insist this was only a short-term measure.
Banks expect higher credit limit amid quota concerns

Banks expect higher credit limit amid quota concerns

Many commercial banks said they expect higher credit limits as they have already used up most, if not all, of their assigned quota for the whole year.
Vietnamese banks boost IT use

Vietnamese banks boost IT use

Viet Nam has big potential in applying 4.0 technology to develop retail banks and payment utilities.
Financial experts urge caution against dollar loans

Financial experts urge caution against dollar loans

Experts have warned enterprises to be more cautious with their US dollar loans amidst a significant rise in the lending and appreciation of the greenback.
Banks tighten lending rules

Banks tighten lending rules

Many commercial banks in the country have increased loan interest rates by 1-2 per cent to investors in real estate as property prices continue to rise.
Stable foreign exchange rate expected in 2018

Stable foreign exchange rate expected in 2018

Some commercial banks appreciated the US dollar after last week’s interest rate hike by the US Federal Reserve (Fed). Experts, however, have said the exchange rate between the US dollar and Vietnamese dong is likely to remain relatively stable throughout...
A prosperous year for Viet Nams banking industry

A prosperous year for Viet Nam’s banking industry

Profits of many commercial banks this year will hit the highest levels since 2012 thanks to rising capital demand, experts have forecast.
Some banks cut deposit interest rates

Some banks cut deposit interest rates

Several commercial banks have unexpectedly slightly cut the dong-denominated deposit interest rates in the past week, according to report by the State Bank of Viet Nam (SBV).
VN bank profits surge on services, not lending

VN bank profits surge on services, not lending

Some commercial banks have reported high profits in the first nine months of the year thanks to a restructuring effort which focuses on services instead of lending as previously done.
Bank loan-deposit ratios improve significantly

Bank loan-deposit ratios improve significantly

The loan-to-deposit ratio (LDR) of eight State-owned commercial banks has improved significantly in recent months, making the industry more optimistic about keeping it at a maximum of 90 per cent.
Value of banking assets touch 340bn

Value of banking assets touch $340bn

The total assets of commercial banks rose 4.26 per cent to touch VND7,630 trillion (US$340.62 billion) by the end of May against the end of last year.
Banks eye growth in mobile banking

Banks eye growth in mobile banking

Commercial banks are eyeing mobile banking as a potential way to harness growing demand for online transactions, industry experts say.