Lenders more likely to endeavour to apply Basel III

Lenders more likely to endeavour to apply Basel III

More Vietnamese financial institutions are adopting international practices, particularly Basel III standards, to enhance a solid financial buffer, aid resilience, and prepare for global competition.
Lenders look further afield for recruitment

Lenders look further afield for recruitment

As digital transformation calls for a different set of skills and knowledge, many financial institutions are turning to the overseas market for recruitment.
Lenders contend with interest rates

Lenders contend with interest rates

Maintaining steady interest rates is set to be a challenge for Vietnam’s central bank amid unfavourable global events and domestic pressures.
Lenders juggle with tax info obligations

Lenders juggle with tax info obligations

Cybercriminals and the exposure of account information remain significant barriers for all stakeholders, with commercial banks now required to identify and collect holding information of customers to relevant authorities in a bid to fulfil tax obligations.
Struggling lenders on verge of takeover

Struggling lenders on verge of takeover

The merger and acquisition outlook of Vietnamese banks, particularly acquiring faltering credit institutions to reorganise them, is picking up pace.
Lenders tinker with FOL caps to enhance prospects

Lenders tinker with FOL caps to enhance prospects

A number of local institutions are attempting to broaden their worldwide reach by creating further room for international financiers.
Lenders promise investment scale-up

Lenders promise investment scale-up

The dissolution of a 15-year collaboration between Eximbank and Japan’s Sumitomo Mitsui Banking Corporation, its largest foreign strategic shareholder, could pave the way for a fresh start after a number of financial and internal conflicts plagued the former.
Lenders advocating for improved charter capital mechanisms

Lenders advocating for improved charter capital mechanisms

Amid an urgent need for business expansion, privately-run commercial banks are executing their charter capital enhancement path, while some state-owned banks are requesting the government’s extraordinary mechanism using public budget.
Lenders get trendy to lap up increasing youth slice

Lenders get trendy to lap up increasing youth slice

Banks are responding to the challenge of engaging young retail customers with a wide set of inventive new products, as the retail loan segment is widely viewed as the primary driver setting the tone for the whole financial system in Vietnam.
Lenders explore new ways to up ownership

Lenders explore new ways to up ownership

Financial institutions are ramping up ownership in securities subsidiaries to tap into new and exciting investment opportunities on the stock market.
Remittances steady as lenders apply fresh transfer services

Remittances steady as lenders apply fresh transfer services

Remittance flows from Vietnamese expatriates working abroad are predicted to remain resilient throughout the rest of the year, with the country’s central bank keeping its policy steady for now.
Lenders energise foreign-owned power projects

Lenders energise foreign-owned power projects

A handful of local and foreign banks are leveraging their insights and optimising financial resources to promote energy and power transition in Vietnam, thus contributing to the country’s sustainable national energy policy.
State-owned lenders maintain positive run

State-owned lenders maintain positive run

Four state-owned commercial banks in Vietnam have revealed their upbeat business performance and are fully committed to deploying all resources possible to ease the current economic stress, thereby reflecting their influence on the country’s financial landscape.
Lenders give nod to rate cuts to help out

Lenders give nod to rate cuts to help out

Commercial banks have agreed to slash additional interest rates as they sought to help reignite Vietnam’s economy and support vulnerable businesses and individuals...
Lenders reinforcing cyber defences

Lenders reinforcing cyber defences

Although banks and innovative fintech technologies already benefit customers’ experience, they also come with possible cyber threats, especially as customers often do not realise the risks.
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