It is much more difficult for banks to attract cheap capital from non-term deposits, or current account savings account (CASA), in the context of high interest rates on term savings.
Listed companies are being more careful with their capital mobilisation plans, as the market is in an unfavorable condition and the Government tightens the bond market management.
Capital mobilisation plans are now the centre of attention at the 2022 General Meeting of Shareholders of securities companies, with diversified fundraising channels.
The scale of capital mobilisation through corporate bonds is forecast to decrease sharply, but there will be a drastic change in quality, according to a study on the corporate bond market by FiinRatings.
In recent years, the Government bond market has become an important capital mobilisation channel for Viet Nam. However, the scale of the country’s bond market is modest compared to national economic scale and to other regional countries. Nguyen Thi Kim...
Credit growth by September 20 reached 9.52 per cent against the end of last year while capital mobilisation rose by 9.15 per cent, the General Statistics Office reported.
The State Bank of Viet Nam (SBV) has required commercial banks to control their credit growth in line with their capital mobilisation ability and credit growth limits set by SBV.
Amid narrowing credit sources and rising lending interest rates, property developers have been diversifying their capital mobilisation channels, including calling for foreign investment.
Many banks have recently reduced deposit interest rates by 0.2-0.4 percentage points against earlier this year due to good capital mobilisation amidst the credit slowdown.
Capital mobilised from the issue of G-bonds in the first eight months of this year was very positive, however, it was quite a contrast to the disbursement of the capital source.
The total loans of the banking system are expected to grow by 16.33 per cent in 2017 against December last year, lower than the Government’s limit of 18 per cent.
State Bank of Viet Nam has ordered credit institutions and branches of
foreign banks to report their lending, capital mobilisation and interest
rates in Vietnamese dong every month going forward.
Deputy Prime Minister Vuong Dinh Hue asked all ministries to learn more about the stock market. The deputy PM said he wanted to make the stock market an important
channel for capital mobilisation so it could share the burden with the
banking...