Banking industry steps up digital transformation

Banking industry steps up digital transformation

The pandemic has been prompting banks to adapt. As digital transformation has become inevitable, banks have stepped up their efforts to adopt more new technologies in the digitalisation race.
Credit tweak opens door for economic rejuvenation

Credit tweak opens door for economic rejuvenation

Credit institutions with ample financial buffers, sound risk management, and participation in weak banks’ restructuring journey would gain an upper hand in terms of higher-than-average loan ceilings.
M&A in banking industry expected to stay high in H2

M&A in banking industry expected to stay high in H2

Mergers and acquisitions (M&A) in the banking industry are expected to remain high for the rest of the year as the industry continues the digital transformation process, according to experts.
Banking shares plummet to attractive prices

Banking shares plummet to attractive prices

The banking industry may have a hard time reaching its 2022 profit growth targets, but share valuations have dropped significantly to attractive prices.
Big M&A deals forecast in banking industry in 2022

Big M&A deals forecast in banking industry in 2022

Vietnam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.
VIB steady on the journey to become leading retail bank

VIB steady on the journey to become leading retail bank

On March 16, VIB approved the plan to distribute bonus shares at 35 per cent to existing shareholders, increase its charter capital to more than $913 million, and have a profit target of $456.5 million for 2022.
Banks tighten loans for real estate businesses

Banks tighten loans for real estate businesses

The banking industry sharply reduced outstanding loans for real estate business in the first half of 2021 and will continue such limits in the second half.
Banking industry should aim at data governance to promote growth

Banking industry should aim at data governance to promote growth

The latest PwC survey shows that the role of CDOs is being gradually enhanced and they begin the first steps in data exploitation towards strategic goals.
Banks’ profit growth forecast to slow in 2019

Banks’ profit growth forecast to slow in 2019

Profit growth of Vietnamese banks in 2019 is forecast to be lower than last year, but experts say this should not be cause for concern.
Retail banking at the crossroads

Retail banking at the crossroads

Dr. Andreas Stoffers, a German retail banker with considerable experience in Vietnam’s banking sector, analyses the challenges and prospects for undertaking retail banking in Vietnam.
More than a merger

More than a merger

M&A Outlook talks to German Business Association (GBA) board member and banker, Dr. Andreas Stoffers about rescuing banks in trouble by merger or restructuring measures
NFSC warned against quick fix

NFSC warned against quick fix

Vietnam’s National Financial Supervisory Commission claims the central bank should fight liquidity issues by pumping money into the banking system.
Restructuring of banks is an urgent task for Vietnam

Restructuring of banks is an urgent task for Vietnam

Vietnam’s banking sector is being squeezed by a perfect storm of hostile market conditions. Dr. Andreas Stoffers, board member of German Business Association Vietnam (GBA) writes that the industry must undertake urgent restructuring if it is to keep its head above troubled waters.