addressing legal gaps for resolving non performing loans

Addressing legal gaps for resolving non-performing loans

Legal obstacles and inconsistencies prolonging the debt resolution process, lack of specific guidance on the entrusted handling of secured assets, and the low legal compliance of judgment debtors are the main factors affecting the recovery of non-performing loans and the clearance of credit flows by banks.
banks still counting profit from securities trading

Banks still counting profit from securities trading

Despite market volatilities, many banks still count healthy profits from securities trading.
credit continues to flow into real estate sector

Credit continues to flow into real estate sector

Despite headwinds, banks’ outstanding balances in the real estate sector maintained an upward trend in the first half of this year.
banks sharpen focus on scale up of sustainability

Banks sharpen focus on scale-up of sustainability

Banks have demonstrated their determination to achieve sustainability in Vietnam by partnering with regional lenders and global investors, emphasising green finance and rigorous due diligence.
vietnamese lao central banks discuss cooperation in using local currencies in bilateral trade

Vietnamese, Lao central banks discuss cooperation in using local currencies in bilateral trade

The State Bank of Vietnam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment cooperation activities to prevent external risks.
bad debts remained a challenge for banks in h1

Bad debts remained a challenge for banks in H1

Banks' non-performing loans continued to grow in the first half of this year, with some banks even witnessing double-digit growth, whereas their loan loss reserve ratio trended downwards.
singapore strengthens security in finance sector

Singapore strengthens security in finance sector

The Monetary Authority of Singapore (MAS) has cooperated with banks to seek solutions on quantum security in finance sector.
rosier prospects for bank tickers in h2

Rosier prospects for bank tickers in H2

The prospects of a credit rebound, easing bad debt threats, and better net interest margins should help banks to maintain profit growth this year.
deposits flowing back into banks

Deposits flowing back into banks

Deposits in the banking system are increasing in tandem with rising interest rates, amid a crisis in risky asset investment channels.
thai banks introduce measures to cope with bad debts

Thai banks introduce measures to cope with bad debts

Thailand’s major financial institutions are preparing for a difficult second half of 2024, as a struggling economy and high household debt force banks to take a more conservative approach to lending.
banking policies negatively impact vietnams economy

Banking policies negatively impact Vietnam's economy

Experts warn that if domestic banks significantly raise savings and lending interest rates, Vietnam's economic growth could be dragged down.
vib the most viral bank on social media

VIB the most 'viral' bank on social media

The summer media race became more vibrant among banks in June, with a 29 per cent increase in engagement and participation in discussions across social networking sites compared with the previous month.
inefficiencies remain with esg in banking

Inefficiencies remain with ESG in banking

Approximately 90 per cent of Vietnam’s banks have incorporated environmental, social, and governance practices to some extent, but significant challenges, such as data shortages, policy gaps, and insufficient expertise, hinder full implementation.
revision forces banks to reveal more shareholders

Revision forces banks to reveal more shareholders

The new regulations of the revised Law on Credit Institutions, made effective a month ago, aim to curb the influence of affiliated entities on banking operations.
mixed fortunes for profit in banks in 2024

Mixed fortunes for profit in banks in 2024

Bank profit in the first half of this year has been a mixed mag amid a still challenging business environment.