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Monday, January 27, 2025

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Financial Markets

Government calls on banks to further cut lending rates

HCMC - The Government has urged commercial banks to make things easier for residents and businesses to take out loans. These measures include cutting costs,...

Banks get one-off credit growth quota allocations for 2024

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has made one-off credit growth quota allocations for commercial banks right at...

Overnight interbank rates surge

HCMC - Overnight interbank interest rates in Vietnam have surged to a two-month high, nearly quadrupling compared to the previous week, according to data...

Bond buybacks up 5.8% y-o-y

HCMC - Corporate bond buybacks before maturity had amounted to VND230.2 trillion in the year to December 25, up by 5.8% year-on-year, according to...

Banks redeem bonds worth VND26 trillion in Jan-Nov

HCMC – Vietnamese banks bought back their bonds totaling VND26 trillion in the January-November period. VND247.6 trillion worth of corporate bonds was issued in the 11-month...

PM urges strengthening of credit growth management

HCMC - Prime Minister Pham Minh Chinh has written to three government ministers telling them to strengthen credit growth management in a way that...

Spike in non-performing loans puts banks at risk

HCMC – Concerns are mounting as debts transition into doubtful debts and potentially bad debts at commercial banks. As of the end of the third...

Businesses grapple with mounting debt obligations

HCMC - Businesses are facing the daunting task of repaying over VND20,000 billion worth of corporate bonds in the final month of this year,...

Vietnam urged to establish legal framework for open banking

HCMC - Experts have stressed the significance of creating a favorable legal framework to boost open banking development in Vietnam. This information was shared at...

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