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Sunday, February 23, 2025

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Outstanding loans at HCMC banks plummet in early 2024

HCMC - The demand for loans in HCMC has remained woefully low, with total outstanding loans declining in the year to date. In January, total...

Surprises and expectations

After the unexpected credit growth in the final month of 2023, the State Bank of Vietnam (SBV) allocated all credit growth quotas for 2024...

Dealing with troubled banks

In order to rectify credit organizations, it is imperative to take the right remedial measure, no matter how stern it might be, economic expert...

Doubtful cures for ailing banks

Scandals related to Vietnam Construction Bank (VNCB) and Saigon Joint-stock Commercial Bank (SCB) could be seen as the most devastating ones in Vietnam’s banking...

Changing tides

In a noteworthy shift, state-run banks are transitioning from cash dividends to stock dividends, while privately-held banks are increasingly favoring cash dividends for their...

Banks on edge

Around this time last year, the cash flow was obstructed, and a widespread liquidity crunch was reported across the board, driving up interest rates,...

Lending rate differentials

Basically, interest rate differentials on the market are a matter of course, as each bank has different capital expenses and thus different advantages and...

Banks seek inclusion in VAT reduction plan

HCMC - The Vietnam Banks Association has proposed a two-percentage-point reduction in value-added tax (VAT) for banks, citing the challenging economic conditions this year...

Borrowing just to pay off debt

The State Bank of Vietnam (SBV) has issued Circular 06/2023/TT-NHNN allowing clients to borrow from one bank to pay debt owed to another bank....

Bad debt worries

The State Bank of Vietnam (SBV) has recently sounded the alarm over the escalating volume of bad debt within the real estate sector, substantiated...

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