vietnamese banks expected to get better credit ratings

Vietnamese banks expected to get better credit ratings

Ratings of Vietnamese banks are expected to be continually improved thanks to Viet Nam’s positive sovereign credit rating.
lenders reinforcing presence with bond issuance

Lenders reinforcing presence with bond issuance

Commercial banks, with participation from local and foreign-backed institutions, are engaging in bond issuance despite severe regulations placed on this and volatile market conditions.
techcombank on track for a seat among the top asean banks

Techcombank on track for a seat among the top ASEAN banks

Aiming to become one of the top 10 banks in ASEAN, Techcombank is prioritising sustainable growth over the long term, even as the bank delivered another year of sizzling hot growth in 2021.
vietcombank and mb will take part in reconstructing cbank and ocean bank

Vietcombank and MB will take part in reconstructing CBank and Ocean Bank

Vietcombank and MB would participate in the reorganisation of two weak banks, Construction Bank (CBank) and Ocean Bank, as a part of the forcible transfer controlled by the government.
decoding the change of position in the consumer finance market

Decoding the change of position in the consumer finance market

Mcredit's spectacular growth in 2021, as difficulties for the banking industry reached their peak due to the pandemic, surprised the market.
selective corporate bond scale expected to widen

Selective corporate bond scale expected to widen

Corporate bonds, in addition to credit channels and stocks, are now a major source of finance for firms, particularly for banks and real estate developers. However, much work has to be done as the channel is still in its infancy.
41 banks buy corporate bonds worth 119 billion

41 banks buy corporate bonds worth $11.9 billion

At a conference on developing a safe, transparent, and efficient capital market on April 22, Nguyen Thi Hong, Governor of the State Bank of Vietnam, said that credit institutions are both direct investors in and major issuers of the corporate bond market.
bank deposits surge in wake of interest rate hike

Bank deposits surge in wake of interest rate hike

Hanoi - Thanks to increases in savings interest rates, deposits at banks increased strongly in the first two months of this year after declining last year.
foreign banks jostle for increased share

Foreign banks jostle for increased share

Earnings of international financial institutions in Vietnam have been inconsistent during the last few years due to focus on longer-term strategies, but some are experiencing a dramatic drop in fortunes.
provision kinks leading to further study of bad debts

Provision kinks leading to further study of bad debts

New legislation governing Vietnamese credit institutions’ soured loans settlement would be studied after the fresh approval of bad debt settlement extension as pandemic-induced repercussions still impair banks’ financial soundness.
banks setting upbeat profit targets

Banks setting upbeat profit targets

Banks are penning out upbeat profit targets for 2022, leveraging sound credit demands buoyed by the economic rebound both at home and globally.
tight control over real estate credit to mitigate risks

Tight control over real estate credit to mitigate risks

The State Bank of Vietnam (SBV)’s decision to tighten control over real estate credit has helped to restrict speculation while making the market transparent and preventing a real state bubble, economic experts have said.
investors tip toeing around real estate risk

Investors tip-toeing around real estate risk

Vietnam is moving towards developing a balanced capital market and reducing the pressure on capital supply for banks – a process that requires dealing with internal problems such as corporate bond issuances as well as land-right auctions.
south korean banks in vietnam reported 172 million in profits in 2021

South Korean banks in Vietnam reported $172 million in profits in 2021

Following a successful 2021, several South Korean banks are showing an interest in growing their presence in Vietnam.
tan hoang minh would sell 2 3 properties to pay back to bondholders

Tan Hoang Minh would sell 2-3 properties to pay back to bondholders

Do Hoang Minh, the newly-minted chairman of property group Tan Hoang Minh, revealed that the corporation would offload at least two or three projects to ensure bondholders’ rights and obligations.