Banks struggle to reach 2023 profit targets

Banks struggle to reach 2023 profit targets

Banks are struggling to hit their annual profit targets.
UOB releases flagship study on consumer sentiment

UOB releases flagship study on consumer sentiment

On November 1, United Overseas Bank (UOB Vietnam) held a ceremony to bring exposure to its flagship study on consumer sentiment across ASEAN.
Bank stocks remain lucrative

Bank stocks remain lucrative

Bank stocks remain appealling to investors despite the recent market uncertainty.
Banks roll out credit incentives to boost demand

Banks roll out credit incentives to boost demand

Banks are lowering interest rates to boost demand.
Banks witness bleak profit results

Banks witness bleak profit results

Throughout the first half of this year, many banks – particularly smaller entities – have witnessed a sharp reduction in their profits.
Banks pin hopes on non-interest income sources

Banks pin hopes on non-interest income sources

Banks expect to rely more on non-interest income sources in the face of the credit expansion slowdown and challenging business environment.
Inspiring inward remittances despite challenging 2022

Inspiring inward remittances despite challenging 2022

Vietnam saw stable inward remittance flow until the end of last year despite the global economic recession and spiking inflation around the world.
Deposit rate hikes still lingering

Deposit rate hikes still lingering

Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.
Home Credit teams up with OnePay to promote Home PayLater expansion

Home Credit teams up with OnePay to promote Home PayLater expansion

Home Credit is working with OnePay on the buy now pay later (BNPL) model to promote digital payment habits in Vietnam.
Retail segment brightens bank profit picture

Retail segment brightens bank profit picture

Many banks have unveiled their third-quarter business results, showing a spike in their profits, leveraging well-conceived retail lending development strategy.
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