Tag Archives: banking

  A customer at an MB branch. MB may be able to expand its credit growth room to 30-35 per cent. —Photo vncb.vn HÀ NỘI — Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota …

  Customers at a bank in Hà Nội. The small gap between deposit and lending rates will cause the banks’ net interest margin (NIM) and net profit to reduce. Photo baochinhphu.vn HÀ NỘI — Though credit demand is recovering quickly, banks still have to face big challenges related to rising bad debts, …

  Customers at a SeABank branch. Moody’s has recently upgraded SeABank’s Baseline Credit Assessment (BCA) from B2 to B1. — Photo nganhangvietnam.vn HÀ NỘI — Ratings of Vietnamese banks are expected to be continually improved thanks to Việt Nam’s positive sovereign credit rating. Moody’s has recently assigned B3 ratings and a stable outlook …

  Customers make transactions at Saigon Commercial Bank (SCB). The Government’s interest rate incentive package can help reduce the average lending interest rate by 20-40 basis points in 2022. — VNA/- VnExpress News Photo HÀ NỘI — Though deposit interest rates have increased significantly this year, experts forecast lending rates will remain …

  Customers make transactions at a VPBank office. VPBank has planned to increase charter capital to VNĐ79.33 trillion. — Photo bnews.vn HÀ NỘI — The capitalisation of Việt Nam’s banking sector is expected to increase by nearly US$2.8 billion this year. During the season of bank annual general meetings (AGM) this year, along with ambitious …

  A bank teller counts cash at an office in Hà Nội. Total assets of many small banks by the end of the first quarter of this year decreased against last year. Photo tinnhanhchungkhoan.vn HÀ NỘI — Despite gaining positive profits, total assets of many small banks by the end of the …

  Transaction at Sài Gòn-Hà Nội Commercial Joint Stock Bank. The SBV has sold the dollars in 3-month forward contracts to support the liquidity for the foreign exchange market. — Photo tapchidoanhnghiep.net.vn  HÀ NỘI — The State Bank of Vietnam (SBV) has recently sold US dollar forward for the first time since …

A customer conducts a transaction via app at a SeABank branch. — Photo courtesy of SeABank HÀ NỘI — Moody’s announced it would raise the baseline credit assessment (BCA) from B2 to B1 for Southeast Asia Commercial JS Bank (SeABank) in the 2022 rating review period. At the same time, Moody’s continues to …

Clients conduct their banking transactions at a SeABank branch. — Photo courtesy of SeABank HÀ NỘI — The Southeast Asia Commercial JS Bank (SeABank) on Monday announced consolidated business results for the first quarter of this year with a pre-tax profit of VNĐ1.3 trillion (US$56.5 million), up 87.1 per cent …

  A customer at a bank in Hà Nội.  VNA/VnExpress News Photo HÀ NỘI — Many banks have reported large profits of up to trillions of Vietnamese đồng in the first quarter of 2022 thanks to high earnings from services and bancassurance as well as good control of provision costs. Vietnam Prosperity Commercial …