Banks seek further capital injections to boost strength

Banks seek further capital injections to boost strength

Many banks have been on a charter capital hike and are intensively preparing capital injections to boost their strength.
SBV warns about increasing bad debts, cross-ownership, and risks of BOT projects

SBV warns about increasing bad debts, cross-ownership, and risks of BOT projects

The SBV earlier this week reported on the evaluation of the execution of Resolution No.42/2017/QH14 on piloting bad debt settlement of credit organisations.
41 banks buy corporate bonds worth $11.9 billion

41 banks buy corporate bonds worth $11.9 billion

At a conference on April 22, Nguyen Thi Hong, Governor of the State Bank of Vietnam, said that credit institutions are direct investors in the bond market.
Banks setting upbeat profit targets

Banks setting upbeat profit targets

Banks are penning out upbeat profit targets for 2022, leveraging sound credit demands buoyed by the economic rebound both at home and globally.
South Korean banks in Vietnam reported $172 million in profits in 2021

South Korean banks in Vietnam reported $172 million in profits in 2021

Several South Korean banks are showing an interest in growing their presence in Vietnam.
How would Tan Hoang Minh corporate bond cancellation affect to banks and property firms?

How would Tan Hoang Minh corporate bond cancellation affect to banks and property firms?

The unusual cancellation of nine of Tan Hoang Minh’s private bond sales has raised a ruckus in the domestic economy.
NEU-MB Digital Hub aspires to facilitate digital banking experiences for students

NEU-MB Digital Hub aspires to facilitate digital banking experiences for students

MB Bank and the NEU jointly launched the NEU-MB Digital Hub on the morning of March 30, seeking to equip NEU students with digital banking services from MB.
Experts warn about participation of real estate companies in banks

Experts warn about participation of real estate companies in banks

Experts have raised concerns about the involvement of real estate companies in commercial banks, warning it may pose risks to the financial system and the whole economy.
Vietnam’s rapid loan growth impedes bank capitalisation drive: Fitch Ratings

Vietnam’s rapid loan growth impedes bank capitalisation drive: Fitch Ratings

Low capitalisation levels are likely to remain a credit weakness for rated Vietnamese banks, says Fitch Ratings, as rapid loan growth will make it challenging to raise CARs in the next two to three years.
These banks have the most extensive networks in Vietnam

These banks have the most extensive networks in Vietnam

State-owned banks lead the board when it comes to the number of branches and transaction offices in Vietnam.
Banks to leverage EVFTA adjustments

Banks to leverage EVFTA adjustments

With commitments under the EU-Vietnam Free Trade Agreement, local authorities are contemplating relaxing foreign ownership constraints that have previously hindered bank mergers as mandated by the accord.
Banks stepping up inclusivity with female-based products

Banks stepping up inclusivity with female-based products

Thanks to profound collaboration with international credit institutions, Vietnam’s banks are levering their nationwide financial inclusion commitment for women-led enterprises through a range of gender-specific initiatives.
Sixteen banks cut over VND21.2 trillion for pandemic-hit customers

Sixteen banks cut over VND21.2 trillion for pandemic-hit customers

Sixteen commercial banks cut over VND21.24 trillion (US$936 million) of loan interest for COVID-19-hit customers from July 15 to December 31, 2021, surpassing their commitment by 5.13 per cent, the State Bank of Vietnam (SBV) reported on Wednesday.
Banks prohibited from paying dividends in cash in 2022

Banks prohibited from paying dividends in cash in 2022

Vietnam's commercial banks will be barred from paying cash dividends to shareholders to reduce interest rates.
Banks posted healthy profits during last year

Banks posted healthy profits during last year

Many banks, particularly private commercial lenders, have unveiled 2021 profit figures with an unprecedented growth despite the pandemic.
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