Eximbank has urged caution over rumors concerning its headquarters relocation, emphasizing transparency and compliance, as the proposal awaits shareholder approval.

Experts suggest that the Fed's rate cuts will allow the State Bank of Vietnam to maintain lower interest rates, reducing costs for businesses.

With approval pending, the proposed capital aims to position Vietcombank among the top banks in Asia while driving economic support.

Despite the compensation, the bank remains confident in achieving its profit goals for 2024, opening new opportunities in insurance.

Several banks have recently announced startling business performance results in the third quarter of 2024 and the first nine months of 2024.

Ongoing complaints about mandatory insurance purchases tied to bank loans lead to increased regulatory scrutiny and potential penalties.

The Ministry of Planning and Investment (MPI) has unveiled a draft proposal to develop HCM City, Vietnam's largest economic hub, into an international financial centre.

The inspection is part of the efforts to narrow the gap between international and domestic gold prices.

The State Bank of Vietnam has confirmed that banks have fully lent out the VND 14.5 quadrillion (over $595 billion) mobilized, with new credit packages in development for key sectors such as agriculture and social housing.

The State Bank of Vietnam has officially transferred OceanBank and CB Bank to new ownership, guaranteeing the safety of depositors' funds at every stage of the transition.

Vietcombank has returned as a major shareholder of Eximbank, holding a 4.51% stake, after divesting in 2018.

A document claiming Eximbank faces severe system risks has been debunked by the bank, which insists the document is not legitimate and requests an investigation into its spread.

A majority of banks have lowered their profit expectations for 2024.

Fifteen Vietnamese banks have been named among the world’s top 500 banking brands recently announced by the global leading brand valuation consultancy Brand Finance, according to the Vietnam Banks Association.

Vietnam aims to establish a regional financial center by 2035 and an international financial center by 2045, as outlined in a proposal presented to the government.

The bad debts of four state-owned commercial banks in 2023 reached VND86 trillion, up 10.5 percent over late 2022. The NPL (non-performing loan) ratio was 1.29 percent, lower than that of 2022.

While private joint stock commercial banks have increased capital significantly so far this year, the capital for State-owned commercial banks has remained stagnant.

The mandatory transfer of two banks is set to take place in 2024 or 2025.

Individual customers’ banking deposits hit a record high of more than VNĐ6.83 quadrillion as of the end of July 2024, newly released data from the State Bank of Việt Nam (SBV) shows.

As of September 25, the total debt affected by Typhoon No. 3 (Yagi) across 26 provinces and cities has surged to approximately $2.7 billion, impacting over 94,000 borrowers, according to reports from credit institutions.