Central bank names 14 crucial banks in Vietnam in 2024
The State Bank of Vietnam (SBV) has approved a list of 14 credit institutions of systematic importance in 2024.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam lending rates fall faster than deposit rates
Average lending interest rates in Vietnam tended to fall faster than those on deposits, with respective drops of 0.25% and 0.15% as of January 31 compared to the end of 2023.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Lend more, promote growth, Vietnam central bank tells commercial banks
The State Bank of Vietnam (SBV) has asked commercial banks to take measures to boost credit growth in the first months of 2024 and contribute to promoting economic growth.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
New credit institution law to bring stability, transparency to banking system: brokers
The newly-approved amended Law on Credit Institutions is a significant step that governs the stable and transparent management and operation of the banking system, said securities brokers.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam parliament to vote on landmark laws on land, credit institutions next week
The National Assembly, Vietnam’s highest legislative body, is set to conduct an extraordinary meeting next week, featuring votes on the draft amended laws on land and credit institutions.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam banking system credit expands 11% in 2023 through December 21
Vietnam’s banking system credit grew 11.09% in 2023 through December 21, up from 7.39% recorded in early November, according to the General Statistics Office (GSO).
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Prime Minister requests faster, more flexible credit management
Credit management must be faster, flexible and effective, Prime Minister Pham Minh Chinh has ordered.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam parliament to vote on land, credit laws in mid-Jan extraordinary plenum
The National Assembly, Vietnam’s highest legislative body, is set to conduct an extraordinary meeting next month, featuring votes on draft amended laws on land and credit institutions on the agenda.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s credit institutions expect improved business results in 2023
With the central bank’s move to reduce some policy interest rates and ease pressure on the monetary policy, Vietnamese credit institutions have showed more optimism about their business results in the second quarter and the entire 2023.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank to restrain credit institutions with hiked interest rates
The State Bank of Vietnam (SBV) will monitor and deal with credit institutions and branches of foreign banks with hiked interest rates, in a move to reduce capital costs for enterprises and meet credit demand in the economy.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bond risks to Vietnam’s credit system very low: data firm
Corporate bond risks to Vietnam’s credit system remain very low, says FiinGroup, a leading Vietnamese financial data provider.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam banking system's bad debts hit 1.7%
The Vietnamese banking system's bad debt ratio remained safe at 1.7% by the end of July, the central bank says in a report sent to the National Assembly’s Economic Committee.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
- Most Read
Trungnam Group eyes green energy development in Ninh Thuan province
Energy - Update 1 day ago
Six dead as boiler explodes at southern Vietnam wood factory
Society - Update 1 day ago
Brewer giant Habeco posts biggest quarterly loss in 4 years
Companies - Update 1 day ago
- Editor’s Picks
-
No offshore wind projects in Vietnam until 2028: global council
-
Vietnam-Singapore Industrial Park JV earns $67 mln profit in 2023
-
Techcombank plans 10% stake issue to foreign strategic investors
-
Vietnam needs to build more highways: logistics firm exec
-
Vietnam central bank pumps cash to save troubled lender SCB
