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SMBC divests from Eximbank after 15 years
17-01-2023 12:42
Sumitomo Mitsui Banking Corporation (SMBC) has divested from Vietnam Export Import Commercial Joint Stock Bank (Eximbank) after 15 years of strategic alliance.
Expanded credit probable for January
17-01-2023 11:11
The State Bank of Vietnam (SBV) will likely provide commercial banks with more credit room in January, according to economists.
Real estate stability on top of SBV agenda
17-01-2023 09:33
The State Bank of Vietnam is encouraging the lowering of real estate loan rates to assist enterprises in overcoming liquidity issues, a vital action that on its own will be insufficient to foster stable market development.
Economists cautious on interest rate adjustments
16-01-2023 15:59
As Vietnam’s government has raised its inflation target to 4.5 per cent for 2023, policymakers are required to maintain a cautious stance on monetary policy.
Lenders elevate charter capital moves
16-01-2023 15:44
There have been positive signals of increased charter capital activities at commercial banks in recent weeks, especially those with state capital.
Modest bank growth projected this year
16-01-2023 15:30
Last year saw major changes in the banking industry, with total assets of the commercial bank group growing strongly, and most banks entering the race to diversify services. In 2023, challenges lie ahead in the context of a downturn in the real estate cycle and a less positive outlook for exports.
Japan, US, Australia to assist Vietnam in decarbonisation
13-01-2023 15:23
Government-backed financial institutions from Japan, the US, and Australia have pledged to support Vietnam's efforts to cut carbon emissions, according to the chairman of the Japan Bank for International Cooperation (JBIC).
Banks anticipate upward momentum in 2023
12-01-2023 14:22
Bank profit is anticipated to be stellar in Q4/2022, with the financial announcement season to take place after the Lunar New Year holiday, providing a catalyst for the industry to advance.
Lenders search for further credit room
12-01-2023 11:36
As the gap widens among banks in terms of profit growth, on-year credit growth remains an important driver for banks, as it makes the largest contribution to pre-tax profit growth. Thus, banks are looking for an allocation of credit room this year.
World Bank says Vietnam's GDP growth to moderate in 2023
11-01-2023 11:05
Vietnam's GDP growth is projected at 6.3 per cent in 2023, according to the latest Global Economic Prospects report by the World Bank.
Shares open week in red, liquidity slips
10-01-2023 14:50
Shares inched higher on the first day of the week on the Ho Chi Minh Stock Exchange, propped up by Vietcombank’s gain while other blue chips weakened.
Property slowdown unlikely to become systemic crisis
05-01-2023 17:09
The current property crisis in Vietnam is not likely to be systemic because of the real estate sector’s moderate size and limited links to the banking sector, according to a recent report.
China’s FDI inflows to Vietnam to increase: Agriseco
05-01-2023 16:46
Foreign direct investment (FDI) inflow from China to Vietnam is expected to rise as China is to reopen its doors and resume flights between the two countries, according to Agribank Securities Company (Agriseco).
Cake efforts make sweet gains
05-01-2023 12:52
Though newly established, leveraging significant investment in technology, Cake by VPBank has emerged as one of Vietnam's top digital banks in terms of customer growth and service quality.
Green credit initiatives urged to push ahead development
05-01-2023 10:45
Given stringent domestic capital mobilisation, Vietnam’s banks are turning into international financial institutions for growth expansion, particularly to strengthen their sustainable and environmentally friendly loan portfolios.
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