banks

SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

20:30 | 01/04/2023 Finance

The State Bank of Vietnam (SBV) has suggested the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.

Enterprises’ worry is being in the debt group for banks

13:39 | 31/03/2023 Import-Export

Many domestic enterprises are facing the situation of not being able to repay bank loans despite being supported with restructuring

Being many "hot" issues at the general meeting of shareholders of banks

09:24 | 30/03/2023 Finance

International Commercial Joint Stock Bank (VIB) will be the first bank to hold a general meeting of shareholders this week, and then April will be the "peak" for banks to deploy.

Lifting the challenge of capital for businesses

14:52 | 19/03/2023 Import-Export

VCN - The State Bank (SBV) has granted the first credit growth limit (room) in 2023 to a number of banks, ranging from 9-13.5%, which enables businesses to access production and business activities more efficiently.

Banks granted credit room

10:10 | 13/03/2023 Finance

According to the Vietnam Confederation of Trade and Industry (VCCI), the credit growth limitation is one of the most influential policies in the banking system of Vietnam, but its legal basis is not very thin.

Banks cautious about profit targets for 2023

20:09 | 05/03/2023 Finance

Commercial banks will hold annual general meetings of shareholders (AGM) next quarter to map out production and business plans for 2023.

Shareholders of many banks are about to receive cash dividends

14:11 | 26/02/2023 Import-Export

Many banks with high-profit growth results in 2022 are planning to pay cash dividends to shareholders after many years of only making shares

Bank race to attract demand deposits cools down

17:11 | 22/02/2023 Finance

The race to lure demand deposits, or current account savings account (CASA), among banks seems to be decelerating as it is more difficult for them to attract the cheap capital source in the context of high interest rates on term savings.

Banks suffer big losses from securities trading in 2022

20:08 | 12/02/2023 Finance

Many banks reported negative results in securities trading and investment in 2022 due to the interest rate hike, the exchange rate uncertainty, the sharp decline of stock indices and the ‘freezing’ of the corporate bond market, cafef.vn reported.

Many banks obtain significant achievements thanks to digital transformation

09:29 | 09/02/2023 Import-Export

VCN - Digital transformation activities of many banks have brought positive results, helping to attract a large number of customers and bring in impressive revenue.

Banks plan to pay cash dividends for first time in three years

19:00 | 05/02/2023 Finance

Some banks have announced plans to pay cash dividends to shareholders for the first time in three years.

State-owned banks under capital increase pressure

16:20 | 30/01/2023 Finance

Vietnam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders.

State Bank requires strict control of credit risk

14:19 | 05/01/2023 Customs

VCN - According to preliminary statistics, about 20 credit institutions and foreign bank branches (CIs) have publicly announced credit programs and products with preferential interest rates.

Banks push "cheap" capital for loans at the end of the year

13:44 | 23/12/2022 Finance

Up to now, 12 banks have committed to reducing interest rates from 0.5-3% per year with an amount of more than VND 3,300 billion to support businesses and people.

Asset quality at banks is deteriorating

12:05 | 06/12/2022 Finance

VCN - In the analysis report of the banking industry just released, SSI Research said that the market was starting to see difficulties among companies in raising capital (and restructuring debt) for their business.