Monday , April 22 2024

Tag Archives: banking

Banks start capital hike race in 2022

  A view of a VPBank office in Hà Nội. VPBank plans to increase charter capital to VNĐ79.33 trillion. Photo courtesy of VPB Compiled by Thu Hà HÀ NỘI — The charter capital increase of the banking industry this year is starting to heat up with many banks simultaneously implementing related plans. …

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Bank interest margins under pressure due to high inflation

  A Techcombank’s transaction office in Hà Nội. Techcombank has recently increased its savings rate by 0.3-0.45 percentage points per year. —Photo Techcombank HÀ NỘI — Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month. Việt Nam’s consumer price index in the first five months of …

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Big M&A deals forecast in banking industry in 2022

  Customers make transactions at a Vietcombank’s office in Hà Nội. Vietcombank will carry out a private placement of 6.5 per cent of its capital. Photo HÀ NỘI — Việt Nam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the …

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Việt Nam plans to reduce number of credit institutions

  Customers make transactions at a Bảo Việt Bank’s office in Hà Nội. Large-sized banks, excluding weak ones, must have a minimum charter capital of VNĐ15 trillion by 2025. VNA/VNS Photo  HÀ NỘI — The country will reduce the number of credit institutions and basically finish the settlement of poor-performing banks …

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Banks diversify income sources to reduce dependence on credit

  Bank tellers and customers in Hà Nội. Revenue from services contributes significantly to the positive business results of many banks in Q1 2022. — Photo HÀ NỘI — Banks have been promoting a target of diversifying income sources to reduce dependence on credit.   The financial statements in Q1 2022 …

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