Bad debts continue to soar at commercial banks

Bad debts continue to soar at commercial banks

The rate of bad debt is rising at commercial banks and is expected to increase further amid woes in the real estate market.
Cake efforts make sweet gains

Cake efforts make sweet gains

Though newly established, leveraging significant investment in technology, Cake by VPBank has emerged as one of Vietnam's top digital banks in terms of customer growth and service quality.
Deposit rate hikes still lingering

Deposit rate hikes still lingering

Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.
VPBank freshly inks syndicated loan worth $500 million

VPBank freshly inks syndicated loan worth $500 million

With the fresh international financing sources secured, VPBank once again affirms its reputation in the loan syndication market.
Retail segment brightens bank profit picture

Retail segment brightens bank profit picture

Many banks have unveiled their third-quarter business results, showing a spike in their profits, leveraging well-conceived retail lending development strategy.
Four banks have adjusted credit room

Four banks have adjusted credit room

The State Bank of Vietnam (SBV) has officially adjusted the credit room for four banks in a bid to support weak credit institutions according to the government's policy.
Charter capital boost offers new credit room

Charter capital boost offers new credit room

A handful of credit institutions are raising their charter capital in a bid to strengthen their financial buffer and competitiveness, while maintaining their capital adequacy ratio as required by regulators.
VPBank, SmartPay, and DMSpro enter strategic cooperation to provide financial solutions to merchants

VPBank, SmartPay, and DMSpro enter strategic cooperation to provide financial solutions to merchants

VPBank has partnered up with SmartPay and DMSpro JSC on July 7 to provide practical financial solutions to address urgent needs of SMEs.
Vietnam Report announces Top 10 prestigious banks

Vietnam Report announces Top 10 prestigious banks

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.
Banks setting upbeat profit targets

Banks setting upbeat profit targets

Banks are penning out upbeat profit targets for 2022, leveraging sound credit demands buoyed by the economic rebound both at home and globally.
Bancassurance the catalyst for insurers to deepen footprint

Bancassurance the catalyst for insurers to deepen footprint

Banks have managed to navigate their way through the chaos of the last few years by diversifying their non-interest income thanks to bancassurance services.
AIA Vietnam and VPBank strengthen long-term strategic partnership

AIA Vietnam and VPBank strengthen long-term strategic partnership

AIA Vietnam and VPBank on March 15 announced that the former has extended its long-term strategic partnership with the latter for four more years.
VPBank acquires 97.42 per cent of ASC Securities

VPBank acquires 97.42 per cent of ASC Securities

By purchasing ASC Securities, Hanoi-based lender VPBank targets to grab a bigger slice of Vietnam's burgeoning stock sector.
VPBank could raise its FOL to 17.5 per cent

VPBank could raise its FOL to 17.5 per cent

Raising its foreign-ownership limit (FOL) could mean that a private placement for potential foreign investors may be made, while at the same time, VPBank could offer more flexible conditions for present foreign owners, thanks to the new modification relat
Breakthrough M&A deals expected in banking and finance

Breakthrough M&A deals expected in banking and finance

Many large deals are on the horizon in mergers and acquisitions (M&A) in banking and finance in 2022, with transaction values of billion of dollars.
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