vietnam banking

Update news vietnam banking

In addition to plans to list their shares or move to another stock exchange, many banks have planned to increase their charter capital by paying dividends in shares and offering shares to foreign stakeholders this year.

A decade of change: health of Vietnam’s banking industry through numbers

Vietnam's banking industry has made great strides after nearly a decade of restructuring. Most banks have recorded very high profits, worth hundreds or even billions of USD in recent years.

Bank interest margins under pressure due to high inflation

Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month.

Banks start capital hike race in 2022

The charter capital increase of the banking industry this year is starting to heat up with many banks simultaneously implementing related plans.

Bank interest margins under pressure due to high inflation

Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month.

Big M&A deals forecast in banking industry in 2022

Vietnam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.

Banks told to rollout low-interest businesses loans

Commercial banks were told to launch a 40 trillion VND support package with a 2 percent yearly rate cut for businesses in a meeting with the State Bank of Vietnam (SBV) last week.

Banks unveil ambitious charter capital hike plans

Banks have faced pressure to increase their charter capital over the past few years to enhance their financial capacity and improve safety indicators to get closer to international standards.

Military bank to admit bank under compulsory transfer program

The shareholders’ meeting of Military Bank held on April 25 approved a plan on admitting one credit institution under a compulsory transfer mode.

Big 4 banks lack billions of dollars in capital needed to maintain 10% CAR

It is estimated that the four largest state-owned banks in Vietnam (Big 4) will have to increase billions of USD to meet the need for capital to maintain the capital adequacy ratio (CAR) at 10%.

Experts warn about participation of real estate companies in banks

Experts have raised concerns about the involvement of real estate companies in commercial banks, warning it may pose risks to the financial system and the whole economy.

MB likely to acquire OceanBank in a no-cost deal

MB on March 15 held a conference to present details on the bank's current status, as well as its strategic approach for the future.

Great ambition to build digital banks in Vietnam

By 2025, Vietnam will have a generation of "digital customers". This generation has higher expectations about digital financial products and services.

Private banks stepping up competition

Four state-owned commercial banks in Vietnam, namely, Vietcombank, VietinBank, BIDV, and Agribank, have held lead position in the banking industry since 2017.

More bank M&A deals on the horizon

This year, changes of hands are likely at some banks, in addition to mergers and acquisitions (M&A) and share sales to foreign partners. 

VN banks struggle to sell mortgaged land to collect money for debts

Many banks are rushing to sell land and other assets used as collateral for loans to collect debts, including properties worth trillions of dong.

Has Eximbank found light at the end of the tunnel?

The decade-long power struggle at Eximbank has blocked tens of trillions of dong worth of dividends and trapped shareholders. The problem may be solved after the latest move of the foreign shareholder.

Banks reach for the stars with tie-ups

The prospects of strategic deals and ease in foreign ownership rules might provide commercial banks with more firepower. 

Bank profits maintain bright colors

Although the prolonged Covid-19 pandemic has negatively affected the economy, the banking industry still retains bright colors in the profit picture in 2021.

VN bankers still pocketed high profits in 2021 despite Covid-19

2021 was a fruitful year for commercial banks, which saw a 25 percent growth rate.