vietnamese banks

Latest News about vietnamese banks

Banking sector promises sufficient funding for businesses post-pandemicicon
BUSINESS6 hours ago0

Banking sector promises sufficient funding for businesses post-pandemic

The banking sector will provide enough credit to businesses at supportive interest rates this quarter to help revive them, according to the State Bank of Vietnam’s Ho Chi Minh City branch.

 
Salary of VN’s bank presidents is over VND200 million/monthicon

Salary of VN’s bank presidents is over VND200 million/month

BUSINESS
21/09/2021

Despite the Covid-19 pandemic, the total remuneration for chairmen of many local banks in the first half of 2021 was over VND200 million (over $9,000) per month, higher than the same period of last year.

Vietnamese banks get new bossesicon

Vietnamese banks get new bosses

BUSINESS
21/09/2021

Upon the State Bank of Vietnam’s approval, Pham Quang Dung has been appointed Chairman of the Bank for Foreign Trade of Vietnam (Vietcombank) for the 2018-2023 term.

Adjusting ownership rate for foreign investors in bank sector is a long-term strategyicon

Adjusting ownership rate for foreign investors in bank sector is a long-term strategy

BUSINESS
28/08/2021

As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.

Banks continually cut lending rates to aid pandemic affected customersicon

Banks continually cut lending rates to aid pandemic affected customers

BUSINESS
25/08/2021

Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic.

Businesses seek interest rate cuts, banks worry about declining profitsicon

Businesses seek interest rate cuts, banks worry about declining profits

FEATURE
24/08/2021

Business associations and industries have repeatedly asked commercial banks to ease lending interest rates to share difficulties with them in the Covid-19 pandemic.

After restructuring, banks gear up, ready for big dealsicon

After restructuring, banks gear up, ready for big deals

FEATURE
19/08/2021

After many years of undergoing restructuring, joint stock banks have expanded operation scale and profits.

Commercial banks directed to aid rice industry amid pandemicicon

Commercial banks directed to aid rice industry amid pandemic

BUSINESS
13/08/2021

The Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has directed commercial banks in the Mekong Delta region to support rice producers and traders to overcome difficulties amid the COVID-19 pandemic.

Banks are optimistic about yearly business resultsicon

Banks are optimistic about yearly business results

FEATURE
12/08/2021

Commercial banks have been performing well thanks to improved provisioning and more sustainable sources of income.

Many banks have new leadersicon

Many banks have new leaders

FEATURE
09/08/2021

In a short time, many managers of real estate groups become leaders of banks.

SBV allows banks to expand credit roomicon

SBV allows banks to expand credit room

BUSINESS
18/07/2021

The State Bank of Viet Nam (SBV) has just officially approved credit room extension for some banks.

Banks lending big to keep agriculture sector tickingicon

Banks lending big to keep agriculture sector ticking

BUSINESS
14/07/2021

According to the State Bank of Vietnam’s department of credit for economic sectors, as of April credit injected into rural and agricultural development had reached VND2.3 quadrillion ($100 billion), or 24.6% of the banking sector’s total loans.

Banks make huge profits, hope interest rate reductions are far officon

Banks make huge profits, hope interest rate reductions are far off

FEATURE
13/07/2021

Banks have reported huge profits for Q2 and H1 due to high credit growth rates and lending interest rates, while capital mobilization cost has been low.

Vietnamese banks remain attractive to foreign investorsicon

Vietnamese banks remain attractive to foreign investors

BUSINESS
06/07/2021

Vietnamese banks are still attractive to foreign investors thanks to the country’s economy and strong resilience to unprecedented difficulties and challenges caused by the COVID-19 pandemic.

VN banks prepare for transformationicon

VN banks prepare for transformation

BUSINESS
30/06/2021

The Vietnam Bank for Agriculture and Rural Development (Agribank) is the only bank of the "big 4" State-owned banks in Vietnam that has not been equitized.

Foreign investors eye VN banking stocksicon

Foreign investors eye VN banking stocks

BUSINESS
17/06/2021

The stock market of Vietnam is bustling with banking and securities stocks as the backbone, as the potential of banking stocks is attracting the attention of foreign investors.

70% of VN adults use banking services but many lack access to crediticon

70% of VN adults use banking services but many lack access to credit

BUSINESS
30/05/2021

According to the State Bank of Vietnam, by 2020, 70% of adults in Vietnam had a bank account, but nearly half of them did not have access to credit. 

Moody's affirms credit ratings for four Vietnamese banksicon

Moody's affirms credit ratings for four Vietnamese banks

BUSINESS
27/05/2021

Credit rating agency Moody's on May 26 affirmed its long-term domestic and foreign currency deposit and issuer ratings of four Vietnamese banks.