Banks permitted to sell investment-linked insurance products

Tuesday, Jul 16, 2024

A ban on commercial banks selling investment-linked insurance products has been lifted.

Top 10 reputable commercial banks for 2024 unveiled

Monday, Jun 10, 2024

The Vietnam Report JSC on June 10 unveiled its annual list of Vietnam’s Top 10 Reputable Commercial Banks for 2024.

Old loans must endure higher interest rates temporarily: SBV

Friday, Apr 19, 2024

While new loans have been issued at significantly lower rates, older loans, even for priority sectors such as mechanical engineering, must still bear high interest rates, especially during a period of economic difficulties. 

SBV resumes supporting capital for commercial banks

Friday, Apr 05, 2024

The SBV on Tuesday stopped issuing bills after 16 consecutive sessions of issuing bills to withdraw a total of nearly VNĐ171.7 trillion out of the banking system.

Commercial banks directed to  facilitate lending for rice purchasing, trading

Thursday, Mar 14, 2024

SBV has asked commercial banks to proactively balance capital sources, and promptly meet the loan needs of people and businesses producing, processing, purchasing, temporarily storing and exporting rice, especially during the winter-spring crop of 2023-24, in the Cửu Long (Mekong) Delta region.

Commercial banks to mainly focus on credit in 2024

Monday, Jan 29, 2024

Under a 2024 strategy report released recently, analysts from VNDirect Securities forecast credit growth will reach about 15 per cent in 2024.

Big 4 banks represent 41.9% of total credit, 50% of total deposits

Saturday, Jan 13, 2024

According to the latest data from the State Bank of Vietnam (SBV), by December 31, 2023, credit increased by about 13.71 per cent compared to the end of 2022, not significantly lower than the 14.18 per cent increase of the previous...

Banks repurchase significant amount of bonds before maturity

Friday, Dec 29, 2023

The total value of issued corporate bonds by the end of November 2023 was VNĐ247.59 trillion, of which, the banking industry accounted for the majority with 48.6 per cent of the total issuance value.

Sacombank wins two awards from Vietnam Report

Sunday, Aug 06, 2023

Sacombank has been named among  the ‘Top 50 Prestigious and Effective Public Companies in 2023" (VIX50) and ‘Top 10 Prestigious Vietnamese Joint Stock Commercial Banks in 2023’ by Vietnam Report.

Real estate market is expected to recover in H2

Saturday, Jul 08, 2023

The State Bank of Viet Nam has cut policy rates four times to reduce the commercial banks'' lending interest rates for home buyers as well as businesses.

Banks told to bring interest rates down

Thursday, May 25, 2023

Measures must be taken to bring down interest rates in the banking sector, said the State Bank of Vietnam (SBV) during a meeting with CEOs from 26 commercial banks in the country yesterday. 

HoREA proposes credits for real estate firms to pay for maturing bonds

Tuesday, Apr 04, 2023

The HCM City Real Estate Association (HoREA) has proposed commercial banks lend to real estate firms so they can fund maturing bond obligations amid ongoing market turbulence.

SBV tells commercial banks to support fuel traders

Friday, Nov 11, 2022

The State Bank of Vietnam (SBV) has issued a document instructing commercial banks to take all measures to support fuel traders.

Challenges for banks in recovering bad debts

Monday, Oct 24, 2022

Commercial banks have been facing difficulties in recovering bad debts as they were unable to find buyers for high-value collateral despite big discounts.

SBV takes supportive stance to finance firms

Friday, Oct 21, 2022

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.