high risk sectors to face strict credit restrictions

High-risk sectors to face strict credit restrictions

The State Bank of Vietnam is requiring credit institutions and foreign bank branches to execute credit and interest rate policies properly, as per a new document.
loosened credit may not be enough for real estate capital

Loosened credit may not be enough for real estate capital

While the State Bank of Vietnam (SBV) has expanded credit limits for several banks, the stricter control of credit in areas like real estate may impact project liquidity in the sector.
us china trade tensions fuel exchange and deposit rate

US-China trade tensions fuel exchange and deposit rate

The escalating US-China trade tensions and China’s currency devaluation have cast adverse impacts on interest rates in the local banking system, with deposit rates approaching new highs.  
avalanche of credit programmes to support smes and individuals

Avalanche of credit programmes to support SMEs and individuals

Southern banks are deploying a raft of major credit programmes in anticipation of burgeoning capital requirements from individuals and businesses in the upcoming months.
banking sector bad debts under microscope

Banking sector bad debts under microscope

Local credit institutions have been praised for combating bad debts last year, challenging other private and state lenders to follow suit.
gold anticipated to keep climbing in 2019

Gold anticipated to keep climbing in 2019

Global economic uncertainties, the weakening US dollar, and the growing trade tension between the US and China are anticipated to drive the gold forward in 2019.
volatility in top management positions at banks

Volatility in top management positions at banks

Despite high incomes, top-level bank personnel are witnessing rapid face changes this season.
bad debts landscape at small banks

Bad debts landscape at small banks

There has been great variations in small-scale banks’ bad debts performance in the first half of the year, with some showing great improvements, while others struggle to cope.
central bank adamant on credit growth cap

Central bank adamant on credit growth cap

Local credit institutions might struggle more in the second half of the year, with some even having to downsize full-year profit targets, as they are approaching the credit growth limit and the central bank refuses to allow more leeway to maintain macroeconomic stability.
bank tickers anticipated upbeat momentum ahead

Bank tickers anticipated upbeat momentum ahead

Despite some corrections in the first half, bank tickers are expected to lead the market in the second half, buoyed by dwindling provisioning and upbeat profit prospect.  
banks get back into ma deals after a two year lull

Banks get back into M&A deals after a two-year lull

Since early 2018, domestic banks have mulled over charter capital hike plans and sought shareholders’ approval for mergers and acquisitions in a bid to improve their competitiveness and expand their growth scale.
banks report rosy first half profit picture

Banks report rosy first-half profit picture

Banks expect a buoyant profit picture in the first six months of this year in the wake of positive credit growth and rising incomes from the services segment.
medium sized banks boosting capital to enhance financial strength

Medium-sized banks boosting capital to enhance financial strength

Medium-sized banks are working on massive capital increase plans to boost their financial capacity, striving to reach Basel II standards.
law on dual roles rearranges top bank personnel

Law on dual roles rearranges top bank personnel

In order to comply with the new amendment on holding dual posts in commercial banks and enterprises, leaders of various banks, including LienVietPostBank and Nam A Bank took leave, signalling huge changes in the banks' board of directors (BOD).
shareholder activism tops banks agm agendas

Shareholder activism tops banks' AGM agendas

Over the past three years, the manipulation of voting rights or shareholder activism among leaders in the board of directors in Vietnam-based commercial banks was among the most debatable issues brought up at the banks' annual general meetings (AGM).