commercial banks tighten real estate lending

Commercial banks tighten real estate lending

Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.
how would tan hoang minh corporate bond cancellation affect to banks and property firms

How would Tan Hoang Minh corporate bond cancellation affect to banks and property firms?

The unusual cancellation of nine of Tan Hoang Minh’s private bond sales has raised a ruckus in the domestic economy.
loans galore for domestic brokerages

Loans galore for domestic brokerages

Foreseeing the phenomenal expansion of Vietnam’s financial sector, a number of foreign banks, notably those from Taiwan, are escalating their lending offerings and affordable financing sources to some local banks and brokerage firms.
red river zoning opens the floodgates for real estate

Red River zoning opens the floodgates for real estate

The just-approved Red River urban zoning plan expects to open opportunities in Hanoi for developers and investors to set up projects to utilise tens of thousands of hectares of land along its banks, which has been exploited inefficiently for years.
vietnam one of three hottest markets in southeast asia for 2022 wall street banks

Vietnam one of three hottest markets in Southeast Asia for 2022: Wall Street banks

Vietnam has been picked by analysts from leading Wall Street banks as one of the three hottest markets in the Southeast Asian region, according to the US TV channel CNBC.
banks deny involvement in tan hoang minhs bond issuance scandal

Banks deny involvement in Tan Hoang Minh's bond issuance scandal

Vietinbank and Saigon Hanoi Commercial Joint Stock Bank (SHB) said that they do not provide securities and payment guarantee services, do not invest and distribute bonds issued by Tan Hoang Minh Group.
state owned banks seek capital injection

State-owned banks seek capital injection

Against the backdrop of a pressing need for business development, four state-owned banks are soliciting a government mechanism to accelerate a capital boost that would involve the state budget and lift the foreign ownership ratio.
bancassurance the catalyst for insurers to deepen footprint

Bancassurance the catalyst for insurers to deepen footprint

Banks have managed to navigate their way through the chaos of the last few years by diversifying their non-interest income thanks to bancassurance services.
neu mb digital hub aspires to facilitate digital banking experiences for students

NEU-MB Digital Hub aspires to facilitate digital banking experiences for students

MB Bank and the National Economics University (NEU) jointly launched the NEU-MB Digital Hub on the morning of March 30. The fresh space seeks to equip NEU students with avantgarde digital banking services from MB.
experts warn about participation of real estate companies in banks

Experts warn about participation of real estate companies in banks

Experts have raised concerns about the involvement of real estate companies in commercial banks, warning it may pose risks to the financial system and the whole economy.
foreign banks grab slice of investment promotion action

Foreign banks grab slice of investment promotion action

More foreign banks are engaging in the organisation of investment promotion events, facilitating Vietnam to attract more investors to the country.
state owned banks set to increase charter capital

State-owned banks set to increase charter capital

The State Bank of Vietnam (SBV) has announced Decision No.422/QD-NHNN dated March 18 outlining its action plan for the next two years.
vietnams rapid loan growth impedes bank capitalisation drive fitch ratings

Vietnam’s rapid loan growth impedes bank capitalisation drive: Fitch Ratings

Low capitalisation levels are likely to remain a credit weakness for rated Vietnamese banks, says Fitch Ratings, as rapid loan growth will make it challenging to raise capital adequacy ratios (CAR) in the next two to three years.
banks ensure fuel firms have access to more credit

Banks ensure fuel firms have access to more credit

The State Bank of Vietnam (SBV) has issued Document No 1509, asking commercial banks to raise credit limits for a number of fuel firms, particularly those who import extra fuel at the request of the Ministry of Industry and Trade (MoIT).
banks steady as profits keep rolling in

Banks steady as profits keep rolling in

Commercial banks in Vietnam are expecting to reap excellent profits thanks to their broad range of financial services and elevating credit demand, particularly as the upheaval triggered by the pandemic has abated.