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banks

In the news

Is it time to tighten bancassurance?

Kim Ngan -
Making the sale of insurance transparent and managing the quality of consulting during this process are the key to ensuring the long-term sustainable development...
In the news

Challenges for banks ahead

Hong Ngan -
Many banks might have recorded positive profit growth in 2022. But challenges are awaiting them this year given negative factors such as high interest...
Financial Markets

PM urges banks to help struggling realty market out

Nhu Phu -
HCMC - Prime Minister Pham Minh Chinh has told the State Bank of Vietnam and the banking system to focus on removing obstacles facing...
Financial Markets

Personal savings increase over 9%

Thanh Tam -
HCMC - Personal savings at banks in 2022 grew strongly last year, according to the HCMC branch of the State Bank of Vietnam (SBV). Data...
In the news

Cash-strapped lenders

Nhu Phu -
The State Bank of Vietnam (SBV) on December 5 loosened its grip on credit limits, raising the credit cap by 1.5-2.0 percentage points on...
In the news

Is it time to increase credit growth cap?

Nhu Phu -
Though the central bank has shown no sign of revising the credit growth target of 14% for 2022, there is still room for increasing...
In the news

Switching to savings accounts

Hong Ngan -
The number of current account savings accounts (CASA) held by individuals has declined though it had been projected to increase on fast online payment...
Financial Markets

Banks report handsome profits in Q3

Nhu Phu -
HCMC - Many local banks have released their business results, which indicate huge third-quarter profits. Asia Commercial Bank (ACB) recorded a pretax profit of nearly...
In the news

Where has all the cash gone?

Hong Ngan -
Capital mobilization by credit institutions has grown at a snail’s pace and lags behind credit growth quotas despite consecutively increasing interest rates since early...
Stock Market

MSB gets nod to hike charter capital

Nhu Phu -
HCMC – The State Bank of Vietnam has approved Vietnam Maritime Commercial Joint Stock Bank's plan to increase its charter capital by over VND4.7...
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Deputy Editor-in-Chief: Pham Huu Chuong

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Head Office: 35 Nam Ky Khoi Nghia Street, District 1, Ho Chi Minh City, Vietnam. Tel: (84.28) 3829 5936; Fax: (84.28) 3829 4294

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