Many commercial banks are proposing the central bank to extend credit growth limits as they have nearly reached the allowed threshold.

Some commercial banks have announced lower lending interest rates to help their clients overcome the difficulties caused by coronavirus (Covid-19) crisis.

Local banks may increase their pre-tax profits by 22.5 per cent on-year in 2020, SSI Securities Corporation's research unit has forecast.

Bancassurance income is set to have much potential to grow both at sector-wide and individual bank level, according to a brokerage.

Despite high costs, domestic banks are issuing more chip cards that meet EMV standards to replace magnetic strip cards in order to improve security and meet the central bank’s regulations.

Domestic banks are in a position to complete their 2019 profit targets if they finish the year on a high.

For the first time in years, the Bank for Investment and Development of Vietnam (BIDV) has fallen out of the list of the top five profitable banks in the face of the strong growth of joint-stock commercial banks.

This is a far cry from two years ago, when charges were placed on electronic services in a bid to increase bank revenue.

Consumer credit has grown by five times in the last five years, according to the State Bank of Vietnam.

VietNamNet Bridge - The 2017 list of 50 best performing businesses released by Nhip Cau Dau Tu reflects the return of the enterprises in the fields of banking, real estate, construction and consumer goods. 

VietNamNet Bridge - The State Bank of Vietnam says that outstanding consumer loans exceeded VND1,000 trillion in 2017.

Managing the wealth of well-off people could be a pleasantly profitable business for banks this year, as the number of the rich is growing alongside the strong performance of the local economy.

The Vietnamese consumer finance market at VND646 trillion, or $28 billion in 2016, was equal to 10 percent of GDP.

VietNamNet Bridge - According to CafeF, 51 Vietnamese have stock assets of VND1 trillion and more. 

VietNamNet Bridge - A number of big bosses’ wives are now on the list of the richest billionaires after receiving huge stock assets transferred from their husbands. 

VietNamNet Bridge - Techcombank plans to sell Techcom Finance and MCredit has been renamed MB Shinnei, signs that the Vietnamese consumer finance market continues to attract investors.

VietNamNet Bridge - Five VP Bank shareholders were added to the list of the 20 richest stock billionaires after VP Bank entered the bourse several days ago. 

The capital volume registered by foreign investors to acquire Vietnam Prosperity Joint Stock Commercial Bank (VPBank)’s shares reached a record $1.2 billion, marking the largest transaction on the stock exchange to date. 

 Export of aquatic products earns $1.5 billion in first quarter, Two ministries sign regulation to support life insurance enterprises, VPBank, Techcombank expect to increase capital