credit institutions

SBV works to mitigate potential risks for non-banking credit institutions

14:42 | 13/02/2023 Finance

The State Bank of Vietnam (SBV) is collecting comments on its draft circular to minimise potential risks for non-banking credit institutions and ensure they work in accordance with international standards.

Banking profit growth in 2023 is forecast to decelerate

12:09 | 20/01/2023 Finance

In 2023, credit institutions are more cautious with the business situation, and many forecasts raise concerns that profit growth will decelerate.

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.

Credit institutions and real estate businesses continue to repurchase bonds

10:40 | 24/11/2022 Finance

VCN - In the context that new corporate bond issuance activities have been almost frozen, the bond market has witnessed an increase in repurchase activities in October 2022, thereby significantly reducing the pressure from the bond outstanding that will h

Credit room has been eased, can enterprises solve the "thirst" for capital?

13:43 | 23/09/2022 Finance

VCN - In this credit limit adjustment, Sacombank was granted 4%, bringing the total credit growth limit for the whole year to 11%.

The banking sector continues to promote system restructuring and bad debt handling

15:58 | 17/08/2022 Finance

The financial potential of the entire credit institution system in Vietnam is still low, so the SBV has continued to issue an action plan on restructuring the system associated with bad debt settlement in 2021-2025.

Banks want permission to connect to national population database

10:47 | 30/06/2022 Finance

According to Vietnam Bankers Association, the sector currently has a loan balance of about VND12 million billion and a huge number of customers

Deputy Governor of the State Bank: Do not let policies be exploited

13:38 | 14/06/2022 Import-Export

VCN - According to Mr. Dao Minh Tu (pictured), Standing Deputy Governor of the State Bank of Vietnam (SBV), there are positive signs that these sectors and fields have recovered and credit is on the right track.

National Assembly member: exports have increased strongly but depend on FDI

10:03 | 10/06/2022 Import-Export

VCN - This enterprise cited, in 2021, the FDI sector contributed to 74% of total export turnover. This reflects that exports are heavily dependent on the foreign-invested economic sector, but it is also creating many potential uncertainties for the econom

Credit institutions must declare and pay taxes before collateral settlement

09:17 | 03/06/2022 Regulations

VCN - If the taxpayer has not declared and paid enough tax to the customs authority, the credit institution must declare and fully pay tax, before collateral settlement.

Banks look for a "chance" to make profits outside of credit

19:59 | 29/04/2022 Finance

VCN - In the first months of 2022, many banks have made moves to "tighten" the disbursement of real estate loans and corporate bonds in the face of risks from the market and warnings from management agencies.

Credit institutions predict higher credit risks in H1

19:50 | 08/01/2022 Finance

Credit institutions warn of a continuous increase in credit risks in the first half of 2022, according to a survey on credit trends by the State Bank of Vietnam’s Forecast and Statistics Department.

Nearly half of corporate bonds do not have collateral

10:30 | 09/12/2021 Finance

The Ministry of Finance stated that through management and supervision, it was able to show that the corporate bond market still has some potential risks

The Ministry of Finance is not responsible for chairing, studying and proposing the establishment of a debt trading market

09:44 | 15/08/2021 Finance

This is the affirmation of the Ministry of Finance regarding the issue of establishing a debt trading market, which is attracting public attention.

State Bank wants to 'legalize' bad debt handling

20:04 | 14/08/2021 Finance

The State Bank of Vietnam (SBV) has officially proposed a Law on Handling Bad Debts of Credit Institutions (CIs), when the Covid-19 pandemic may increase bad debts