big4 banks sjc sell gold bars directly to customers

Big4 banks, SJC sell gold bars directly to customers

The State Bank of Vietnam (SBV) announced on June 3 that the selling price of SJC-brand is 78.98 million VND (3,108 USD) per tael.
experts tackle nations sustainable reporting

Experts tackle nation’s sustainable reporting

International organisations and associations are working with banks to arrange green finance for the business community, including agriculture, and simultaneously support them to access these crucial capital resources.
banks struggle to increase casa ratio amid low credit growth

Banks struggle to increase CASA ratio amid low credit growth

The current account savings account (CASA) ratio witnessed a significant decline in the first three months of this year, prompting banks to almost unanimously adopt technology policies and 'zero fee' initiatives to attract new customers.
thailands kbank offers 44 million loan to bw

Thailand's KBank offers $44 million loan to BW

KBank, one of Thailand's leading banks, and BW Industrial Development Joint Stock Company, Vietnam's leading for-rent logistics and industrial platform, have announced a strategic financial partnership aimed at propelling the country's industrial and logistics sectors to new heights.
vietnam finalises valuation of three banks for mandatory acquisition

Vietnam finalises valuation of three banks for mandatory acquisition

The Vietnamese government has completed the valuation of three banks for mandatory acquisition, with plans to present the proposal for approval in May, aiming to finalise the process by the end of the year.
commercial banks credit growth picture in q1 through expert lens

Commercial banks' credit growth picture in Q1 through expert lens

Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with Hong Dung on the credit landscape in the first quarter of this year, its impacts on banking stocks' performance, and how some banks have tackled current challenges to achieve better growth.
financial institutions adjust real estate lending tactics

Financial institutions adjust real estate lending tactics

Recent adjustments in lending terms by various banks signal a broader effort to adapt financial products to Vietnam’s evolving real estate sector.
lenders increase provisioning to protect against bad debt

Lenders increase provisioning to protect against bad debt

Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has revealed that the central bank has greenlit a six-month extension of the debt rescheduling policy according to Circular No.02/2023/TT-NHNN.
banks prepare for strategic partnerships

Banks prepare for strategic partnerships

Several Vietnamese banks are strategically positioning themselves to raise capital and court potential investors to expand their market reach.
weak bank reform to facilitate expansion activities

Weak bank reform to facilitate expansion activities

A number of domestic banks are planning to restructure distressed zero-VND banks, but experts warn that the process is fraught with significant risks, such as rising non-performing loans and unresolved debts.
acv secures 18 billion in syndicated loans for long thanh airport ensuring on schedule completion by 2026

ACV secures $1.8 billion in syndicated loans for Long Thanh Airport, ensuring on-schedule completion by 2026

Airports Corporation of Vietnam (ACV) has secured a $1.8 billion loan from three state-owned banks over a 20-year term to finance the construction of Long Thanh International Airport.
vpbanks strategy to revitalise zero dong bank

VPBank's strategy to revitalise 'zero-dong bank'

At its recent AGM on April 29, questions were posed about VPBank's engagement in the restructuring of financially distressed banks, often referred to as 'zero-dong bank'.
forecasts upbeat for banks 2024 profits

Forecasts upbeat for banks’ 2024 profits

Vietnam’s banking sector is projecting a period of robust growth and profitability, underpinned by strong first-quarter performances and optimistic forecasts for economic recovery and credit expansion.
sluggish growth and risks abound in banking arena

Sluggish growth and risks abound in banking arena

A handful of banks have released their latest financial figures. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Hong Dung about the low profits for some, and potential risks in the industry.
banks adjust timelines for raising capital

Banks adjust timelines for raising capital

Several Vietnamese banks are strategically positioning themselves to raise capital and court potential investors to expand their market reach.