development banks extend role in green related loans

Development banks extend role in green-related loans

Major investment banking institutions are seeking opportunities to provide more green loans for Vietnam to support its net-zero transition.
green credit balance figures on positive trajectory

Green credit balance figures on positive trajectory

While green credit balances at commercial banks are growing, Vietnam’s legal framework on the issue has yet to be completed, making it difficult for implementation.
state owned banks leading in forex trading revenues

State-owned banks leading in forex trading revenues

The profits from foreign exchange trading at major banks are still consistently substantial, even in the face of significant exchange rate fluctuations.
us banks push deals in vietnamese market

US banks push deals in Vietnamese market

US financial institutions and digital payment innovators are intensifying their capital commitments to the burgeoning Vietnamese market.
lenders making waves to take on new loan prospects

Lenders making waves to take on new loan prospects

Some Vietnamese banks are increasingly courting foreign investors and exploring favourable loan opportunities from international organisations.
borrowing trends reflect weak demand

Borrowing trends reflect weak demand

While multiple banks are creating liquidity by allowing customers to borrow to repay other banks, experts assess that this may not increase overall credit.
foreign lenders dominate financials

Foreign lenders dominate financials

While local banks grapple with challenges and declining profits, their foreign-invested counterparts are registering stellar performances in Vietnam.
dfc to grant 100 million loan to tpbank

DFC to grant $100 million loan to TPBank

TPBank, one of Vietnam’s leading commercial banks, has announced the signing of a letter of commitment for a $100 million loan with a 7-year term from the US government’s Development Finance Corporation (DFC).
vietnam banks support adopt and build approach to digital transformation

Vietnam banks support 'adopt and build' approach to digital transformation

More than 55 per cent of chief information officers in Vietnam are more inclined to embrace an “adopt and build” approach in their digital banking transformation, above the Asia-Pacific average of 48 per cent.
banks roll out credit incentives to boost demand

Banks roll out credit incentives to boost demand

Banks are rolling out a raft of concessionary lending schemes to fuel demand amid gloomy credit growth.
banks juggle bancassurance quandary

Banks juggle bancassurance quandary

Some Vietnamese commercial banks have reported a dramatic dip in their bancassurance sales for the first half of the year as the sector navigates controversies and a historically low number of active life insurance contracts.
banks join in promoting green credit

Banks join in promoting green credit

Commercial banks in Vietnam have been actively offering loans for green projects and expanding green credit through mobilising capital from international credit institutions.
lending rate lag still causing bank unease

Lending rate lag still causing bank unease

Banks remain in a phase of inventory, facing challenges in the active monetisation of funds and resulting in an accumulation of excess liquidity.
citi commends local banks at asean roadshows

Citi commends local banks at ASEAN roadshows

Citi recognised the outstanding performance of 11 Vietnamese banks during its Financial Institutions Roadshows, held in Hanoi on August 18 and Ho Chi Minh City on August 21.
big four slash deposit interest rates to lowest in banking system

‘Big Four’ slash deposit interest rates to lowest in banking system

The four biggest banks in Vietnam have strongly cut interest rates for many deposit terms to the lowest levels of the year.