real estate companies and banks take international loans

Real estate companies and banks take international loans

Many real estate companies and banks are mobilising capital from foreign funds in the context of the ongoing credit crunch in Vietnam.
commercial banks asked to lend more for production and business

Commercial banks asked to lend more for production and business

The State Bank of Vietnam (SBV) requires credit institutions with room to actively disburse loans for production and business, especially in priority areas.
hunt for fresh land banks taking off across key regions

Hunt for fresh land banks taking off across key regions

A series of large real estate projects have been bought up by investors as they move towards assets in second-tier cities, with land availability limited in major urban areas.
credit growth high amid hikes in ldr

Credit growth high amid hikes in LDR

Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.
central banks brace after new fed move

Central banks brace after new Fed move

Central banks across the globe have announced their recent rate hike in a bid to tame inflation, but market watchdogs predict that the tempo of rate rises is starting to slow down.
digitalisation best practices from international banks

Digitalisation: Best practices from international banks

Open Banking is a key driver of the digital transformation that the industry is experiencing today. Sylvester Kinuthia, head of Transaction Banking at Standard Chartered Vietnam shares his thoughts.
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 amid restricted credit line.
the state bank of vietnam adjusts operating interest rates

The State Bank of Vietnam adjusts operating interest rates

In an effort to continue implementing synchronous measures to control inflation, stabilise the macro-economy, and ensure the safety of the banking system, the State Bank of Vietnam (SBV) has just issued a number of decisions to adjust interest rates that take effect from October 25.
improving liquidity and resilience for local banks

Improving liquidity and resilience for local banks

Liquidity in the banking system is under significant pressure amid rising interest rates, which is forcing banks to effectively mobilise capital.
banks post uplifting results despite underlying risks

Banks post uplifting results despite underlying risks

Despite bullish business results in the first nine months of the year, many commercial banks in Vietnam are facing a risk of rising bad debts.
which banks lead international risk management standards

Which banks lead international risk management standards?

Besides Basel II, many banks have also applied Basel III and IFRS 9. These international standards help banks improve risk management and competitiveness compared with their peers, which also contributes to the effective and sustainable development of the credit institution system.
scb appoints new chairman and board members

SCB appoints new chairman and board members

The new members of SCB's Board of Directors come from four state-owned banks, with SCB now under special supervision.
pm underlines banking systems role as arteries of economy

PM underlines banking system's role as arteries of economy

Prime Minister Pham Minh Chinh said the banking system plays the role as arteries of the economy while addressing a meeting with chairpersons and CEOs of commercial banks in Hanoi on October 16.
dampening bank profit picture in coming months

Dampening bank profit picture in coming months

Interest rates trending higher and vulnerabilities in the corporate bond and real estate markets are expected to dampen banks' profit prospects in the coming time.
temporary interest rate package requiring second look

Temporary interest rate package requiring second look

The reach of the 2 per cent lending rate support policy has been lower than expected after banks applied common credit standards to businesses that wanted to benefit from the scheme – leading to both sides asking for more assistance in improving the situation.