Credit institutions commit to doing their bit for the pandemic recovery

Credit institutions commit to doing their bit for the pandemic recovery

The State Bank of Vietnam will reinforce monitoring of commercial banks’ execution of their obligations in relief measures based on the outcomes of rates and charge cuts – but banks are trying to optimise their efficiency by tapping into non-interest income expansion.
Banks’ profit growth forecast to slow in 2019

Banks’ profit growth forecast to slow in 2019

Profit growth of Vietnamese banks in 2019 is forecast to be lower than last year, but experts say this should not be cause for concern.