fed alterations increase uncertainty

Fed alterations increase uncertainty

The latest initiatives of the US Federal Reserve to leave its benchmark short-term borrowing rate near zero, while signalling an imminent rate hike, is leaving other emerging economies’ central banks high and dry.
necessary reforms to boost investment into vietnams burgeoning water sector

Necessary reforms to boost investment into Vietnam’s burgeoning water sector

For development banks, water investments are exciting because water is so central to the 2030 Sustainable Development Goals (SDGs). Clean water and sanitation, ending poverty, good health and wellbeing, and gender equality are all closely linked to the prudent management of water.
digital banking a motivation to develop a cashless society

Digital banking, a motivation to develop a cashless society

The virtual conference themed "Digital Financing: Powering cashless economy" organised on June 22 and 23 by Star Media Group Malaysia was participated by top business leaders from across Asia in the field of finance, banking, information, and data management.
three banks agree on loan for vietnam airlines on verge of bankruptcy

Three banks agree on loan for Vietnam Airlines on verge of bankruptcy

In order to support Vietnam Airlines to overcome financial issues, SeABank, MSB and SHB agree to provide loan packages worth $173.9 million to assist the national flag carrier.
profuse real estate lending on alert

Profuse real estate lending on alert

Loans related to real estate-backed collateral and build-operate-transfer projects are classified as among the riskiest and largest portion of banks’ portfolios, which might require restrictive approaches on quantitative quotas.
non performing loans boosted by regulation

Non-performing loans boosted by regulation

Banks are coming to grips with a tile of non-performing loans due to the pandemic. Kent Wong, partner and head of Banking and Capital Market at VCI Legal, portrays how the new circular’s debt rescheduling may affect banks, and how foreign banks could deal with distressed loans.
navigating the transition from libor

Navigating the transition from LIBOR

The transition from the London interbank offered rate to the risk-free rate will have a wide-ranging impact on banks globally. In the Asia-Pacific region, a significant number of banks will be affected by the transition as most floating rate loans are denominated in USD. Japanese yen loans also make up a significant portion of total exposures.
rising foreign funds in sound financing

Rising foreign funds in sound financing 

Local banks could gain the upper hand thanks to a number of syndicated loan facilities backed by international financial institutions, with a central focus on climate-friendly energy, digitally-led services, and narrowing the gap for small- and medium-sized enterprise financing.
credit cards for corporates facilitating cashless adoption

Credit cards for corporates facilitating cashless adoption

Besides the retail customer segment, banks are offering a range of credit cards designed to fit the evolving comprehensive needs of small- and medium-sized enterprises and corporates to heighten efficiency and manage business expenses.
vietnamese bank rushes for digitalised products and services for import export companies

Vietnamese bank rushes for digitalised products and services for import - export companies

Several banks are exploring digital ways to simplify the hefty paperwork that comes with international trade to enhance operational efficiency and support export-import companies. Military Bank (MB) - one of Vietnam's largest commercial banks - is also accelerating its strength to bridge the gap between local enterprises and international markets and drive long-term resilience.  
non performing loans rise with restructuring

Non-performing loans rise with restructuring

Banks have experienced a significant bad debt formation while implementing strict provisioning to control non-performing loans amid pandemic struggles – however, debt restructuring portfolios will slightly increase in 2021 as related conditions are expanded.
more banks collaborate with fintech firms to develop embedded finance in vietnam

More banks collaborate with fintech firms to develop embedded finance in Vietnam

A growing number of banks and fintech firms are forming partnership to implement embedded finance in Vietnam.
credit institutions asked to tighten loans in overheating sectors sbv

Credit institutions asked to tighten loans in “overheating” sectors: SBV

The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction, Build-Operate-Transfer (BOT) and the consumption sector.
lenders on course to reach 2021 targets

Lenders on course to reach 2021 targets

Favourable legislation from the Vietnamese government, stronger demand for credit, and more affordable cost of capital after policy rate cuts have provided a shot in the arm for banks’ profit.
expansions emerging in bancassurance services

Expansions emerging in bancassurance services

Vietnam’s banks are taking advantage of the increasing demand of high-quality insurance services, which in turn bring vast potential to their future income, while both local and foreign insurers are proactively expanding their bancassurance network.