Tag Archives: banking

  A customer makes a deposit at a bank in Hà Nội. Deposits at banks increased by 1.38 per cent to nearly VNĐ11.1 quadrillion in the first two months of 2022. VNA/VnExpress News Photo HÀ NỘI — Thanks to increases in savings interest rates, deposits at banks increased strongly in the first two …

  Headquarters of the State Bank of Việt Nam (SBV). The SBV is expected not to raise this interest rate within the next 3-6 months to support the recovery of the economy. Photo sbv.gov.vn HÀ NỘI — Despite rising inflation pressure, the State Bank of Việt Nam (SBV) is likely to …

  A bank teller counts US dollars in a branch in Hà Nội. Banks are racing to increase charter capital in 2022. — Photo ndh.vn HÀ NỘI — Many banks have announced plans to increase capital strongly in the ongoing season of general meetings of shareholders (GMS) this year. The capital increase plans mainly include …

    A view of the meeting. — Photo baochinhphu.vn HÀ NỘI — The National Assembly (NA)’s Standing Committee has agreed to extend a pilot resolution on bad debt settlement until the end of 2023 instead of this year. At a meeting on Thursday to consider a Government report on the implementation …

  A customer at a Sacombank branch. Sacombank has recently directed its branches and representative offices not to fund the real estate sector until the end of June. Photo sacombank.com.vn HÀ NỘI — Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the …

  A customer at a VPBank office. Credit of credit institutions rose by 5.04 per cent at the end of the first quarter this year. VNA/VnExpress News Photo HÀ NỘI — Credit growth of credit institutions was quite positive at 5.04 per cent at the end of the first quarter of this year, …

  A customer makes a deposit at a Vietcombank’s office. Credit institutions expect the banking industry to gain an average deposit growth of 3.6 per cent in Q2 2022. VNA/VnExpress News Photo HÀ NỘI — Nearly 60 per cent of credit institutions forecast their business performance results to improve in Q2 after estimating those …

  Projects of real estate developers in Hà Nội. The participation of real estate companies in banks can adversely influence these banks’ lending practices. — Photo reatimes.vn HÀ NỘI — Experts have raised concerns about the involvement of real estate companies in commercial banks, warning it may pose risks to the financial …

  A customer at a Sacombank office. The Government has assigned the SBV to coordinate with relevant agencies in urgently finalising the draft resolution on extending Resolution 42/2017/QH14 to submit to the National Assembly. Photo cafef.vn HÀ NỘI — The Government has agreed to a proposal by the State Bank of Vietnam (SBV) to extend …

  A customer at a BIDV office. Vietnamese banks that are still to become Basel II compliant need only about US$0.6 billion of new capital to meet the local Basel II minimum capital adequacy ratio requirement. VNA/VnExpress News Photo HÀ NỘI — Low capitalisation levels are likely to remain a credit weakness for …