Preparation crucial for banks to avail of green credit trends

Preparation crucial for banks to avail of green credit trends

Many foreign and Vietnamese financial institutions are now enthusiastically enforcing green loans or bonds as they continue to work towards transition to a low carbon economy. However, issues such as debtors’ leverage ratio or energy project quality are a
Strong rise in bank profitability in first quarter

Strong rise in bank profitability in first quarter

A number of banks recorded impressive growth in the first quarter and set a relatively strong profit growth target this year.
Banks raise foreign ownership ratio to improve financial strength

Banks raise foreign ownership ratio to improve financial strength

Vietnamese banks have been increasing their foreign ownership ratios to attract investment and improve financial strength.
Core functions possibly at stake without sufficient digitalisation

Core functions possibly at stake without sufficient digitalisation

Payment intermediary is one among three core functions, and has always been considered as a unique and unparalleled feature of commercial banks.
Promoting a redesigned model for stable growth

Promoting a redesigned model for stable growth

The aftermath stemming from the pandemic has worsened global economic hardships but also opened up new potential.
Banks act carefully amid uncertainties

Banks act carefully amid uncertainties

As the global health crisis continues to inflict hardship on every sector, both international and domestic banks are becoming more risk averse in order to keep their businesses afloat, while trying to get rid of bad loans.
EVFTA lends newfound vigour to banking sector

EVFTA lends newfound vigour to banking sector

The ratified EU-Vietnam Free Trade Agreement is expected to bring a historic change in the Vietnamese banking sector, but also sets sizeable challenges for both foreign and local lenders before they can receive good returns on investment.
Specialist loans to jack up SME growth

Specialist loans to jack up SME growth

Small- and medium-sized enterprises in Vietnam looking to develop new capabilities will now get a leg-up from business loans provided by Military Bank, Saigon-Hanoi Commercial Joint Stock Bank, and BAC A BANK.
Shares extend gains, banks in the focus

Shares extend gains, banks in the focus

Shares extended gains on the two national stock exchanges on Friday morning, driven by positive performance of banks.
Fitch upgrades Issuer Default Ratings of Vietnamese banks

Fitch upgrades Issuer Default Ratings of Vietnamese banks

Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of Vietnam’s Military Bank (MB) to ‘Stable Outlook.’
MBBank hunts high credit growth

MBBank hunts high credit growth

Military Bank has just reported high 2012 credit growth.
Military Bank hooks up with STL

Military Bank hooks up with STL

Song Da-Thang Long has just signed a cooperation agreement with Military Bank.