Banks address green credit significance

Banks address green credit significance

Significant progress has been made in the sustainable finance market in Vietnam, with banks actively promoting bonds and loans to facilitate the development of projects aligned with environmental, social, and governance frameworks.
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.
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.
Tax Department in Vietnam asks banks to provide transaction information

Tax Department in Vietnam asks banks to provide transaction information

The General Department of Taxation has issued a letter requesting commercial banks and other credit institutions to provide transaction information.
Banks to promote online lending through national population database access

Banks to promote online lending through national population database access

Through a series of newly-issued regulations and access to the national population database, banks are planning to expand their online money-lending services.
Charter capital of banks to increase sharply in 2023

Charter capital of banks to increase sharply in 2023

Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.
Lenders elevate charter capital moves

Lenders elevate charter capital moves

There have been positive signals of increased charter capital activities at commercial banks in recent weeks, especially those with state capital.
Commercial bank NIM status following projections

Commercial bank NIM status following projections

The recent decline in net interest margin of commercial banks has been deemed not as significant as anticipated, with some smaller-scale banks showing improvements on the issue.
Credit growth high amid hikes in LDR

Credit growth high amid hikes in LDR

Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.
Banks post uplifting results despite underlying risks

Banks post uplifting results despite underlying risks

Despite bullish business results in the first nine months of the year, many commercial banks in Vietnam are facing a risk of rising bad debts.
PM underlines banking system's role as arteries of economy

PM underlines banking system's role as arteries of economy

Prime Minister Pham Minh Chinh said the banking system plays the role as arteries of the economy while addressing a meeting with chairpersons and CEOs of commercial banks in Hanoi on October 16.
Extensions ease credit access for businesses

Extensions ease credit access for businesses

A round of fresh credit extensions for commercial banks is expected to help businesses obtain easier access to capital as they continue their post-pandemic recovery.
SBV adjusts credit growth targets for banks

SBV adjusts credit growth targets for banks

The State Bank of Vietnam (SBV) has announced adjustments to credit growth targets for banks in 2022.
Reference exchange rate down 18 VND

Reference exchange rate down 18 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,263 VND/USD on September 9, down 18 VND from the previous day.
Hanoi connects commercial banks with local businesses

Hanoi connects commercial banks with local businesses

More than 100 businesses and 43 investors of industrial clusters and nearly 20 commercial banks participated in a conference on August 15 to connect local firms of Hanoi with commercial banks and the Hanoi Development Investment Fund (HANIF).
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