July 17, 2021 | 13:03
A number of commercial banks have been allowed to lift their credit growth target to expand their operations.
July 16, 2021 | 08:10
India has just announced to ban the US-based payment behemoth Mastercard for non-compliance with data storage rules, effective from July 22.
June 30, 2021 | 10:00
Commercial lenders with sound financial foundations might be eligible to lift their credit growth ratio, which could bring about higher deposit interest rates in the latter half of this year.
May 18, 2021 | 14:00
Despite stringent requirements applicable for risky sectors such as securities, real estate, and build-operate-transfer projects, credit is envisaged to grow in the coming quarters given the favourable interest rates and a much-improved risk management mechanism.
May 13, 2021 | 08:00
Favourable legislation from the Vietnamese government, stronger demand for credit, and more affordable cost of capital after policy rate cuts have provided a shot in the arm for banks’ profit.
March 25, 2021 | 15:58
Credit growth is expected to reach 12-13 per cent this year despite modest growth in the first quarter.
March 20, 2021 | 13:30
Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings and issuer and senior unsecured ratings of 15 banks in Vietnam.
March 19, 2021 | 22:50
Moody’s Investors Service (Moody's) has affirmed Vietnam’s long-term credit rating at Ba3 and raised its outlook for the country to "positive".
December 30, 2020 | 13:25
The overall picture of the banking industry in 2020 and into 2021 has revealed both strengths and weaknesses. At the end of the third quarter, data from the General Statistics Office (GSO) showed that credit growth of the entire industry in our country reached 5.12 per cent after nine months, corresponding to less than 40 per cent of the annual growth plan from the beginning of the year.
December 27, 2020 | 08:49
The SBV predicts that next year's credit growth is expected to reach at least 12 per cent, after 11 per cent in 2020.
December 26, 2020 | 08:00
Deputy Governor of the State Bank of Viet Nam (SBV) Dao Minh Tu has said despite the COVID-19 pandemic, the bank has operated local monetary policy effectively and flexibly this year.
December 22, 2020 | 16:09
Along with loosened credit growth, a raft of banks have rolled out lucrative lending programmes to fuel consumption demand for the end of the year.
November 06, 2020 | 08:55
Vietnam’s capital market stands at an oversupply even as deposit interest rates remains very low, with output interest rates decreasing sharply compared to previous years. Dr. Nguyen Dai Lai, former deputy director of the State Bank of Vietnam’s Banking Development Strategy Department, analyses the current capital market and predicts the development for the rest of the year.
July 28, 2020 | 08:38
The steering committee for the restructuring of credit organisations held a meeting in Hanoi on July 27 under the chair of Prime Minister Nguyen Xuan Phuc.
July 06, 2020 | 17:01
The SBV would loosen credit growth target for commercial banks in Vietnam to get the economy back on a solid footing.