Profits in the fourth quarter of 2022 of many banks “go backwards”

Profits in the fourth quarter of 2022 of many banks “go backwards”

VCN - The bank explained that income from the government bond business decreased in 2022 due to fluctuations in market interest rates.
Banking industry difficulties forecast to continue in 2023: analysts

Banking industry difficulties forecast to continue in 2023: analysts

The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast.
Banking industry difficulties forecast to continue in 2023: analysts

Banking industry difficulties forecast to continue in 2023: analysts

The banking industry will continue to face difficulties in 2023 in the context of the real estate market downtrend and the less positive import and export outlook, analysts forecast.
Restructuring to boost M&A in banking industry

Restructuring to boost M&A in banking industry

Weak banks that are restructuring will be the target of merger and acquisition (M&A) deals in the near future as the Government is strongly promoting the restructuring of the country’s finance and banking industry.
Banking industry boosts digital transformation

Banking industry boosts digital transformation

The Central Economic Commission and the State Bank of Việt Nam held a high-level summit Smart Banking 2022 in Hà Nội on Wednesday.
M&A in banking industry expected to stay high in H2

M&A in banking industry expected to stay high in H2

Mergers and acquisitions (M&A) in the banking industry are expected to remain high for the rest of the year as the industry continues the digital transformation process, according to experts.
What pressure is being put on the "shoulders" of banks?

What pressure is being put on the "shoulders" of banks?

According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market "freezes", banks will be greatly affected.
Big M&A deals forecast in banking industry in 2022

Big M&A deals forecast in banking industry in 2022

Việt Nam’s merger and acquisitions (MA) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.
Optimism for the growth of the banking industry

Optimism for the growth of the banking industry

Many experts and organizations are optimistic about the profit and growth prospects of the banking industry in 2022, due to the strong increase in credit demand
Banking industry forecasts large-scale recruitment demand

Banking industry forecasts large-scale recruitment demand

The Vietnamese banking industry willnbsp;havenbsp;large-scale recruitment demand this year, recruitment service provider Navigos Group has forecast.
Cybersecurity crucial for ongoing digitisation of banking industry: researchers

Cybersecurity crucial for ongoing digitisation of banking industry: researchers

Cybersecurity is one of the central issues in the digital transformation of the banking system.
Leading the way to economic recovery but banks should not be put at risk

Leading the way to economic recovery but banks should not be put at risk

The Covid-19 pandemic is complicated, so the banking industry, as the lifeblood of the economy, will have to have more appropriate monetary policy management solutions
Banks increase non-credit revenue

Banks increase non-credit revenue

VCN - The restriction of credit growth has caused banks to boost income from non-credit services. This not only helps banks increase revenue but also creates sustainable and diverse development for the banking industry.
A prosperous year for Vietnam’s banking industry

A prosperous year for Vietnam’s banking industry

Profits of many commercial banks this year will hit the highest levels since 2012 thanks to rising capital demand experts have forecast
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