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Thursday, January 27, 2022
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banks

Bad debt at banks rises to four-year high amid pandemic

HCMC – The bad debt ratio at commercial banks has soared to a four-year high of 1.9%, Le Trung Kien from the State Bank...

Banks’ rush for corporate bonds faces scrutiny

HCMC – As many banks are rushing to buy corporate bonds, the State Bank of Vietnam (SBV) has issued Circular 16 tightening control over...

Many banks report handsome profits in Jan-Sept

HCMC – Many local banks have released their business results in the January-September period of this year, with many of them reporting high profits. Specifically,...

Will banks have to cut lending rates?

In the context that liquidity has become abundant again and credit growth turns sour because of demand heading south in the latest pandemic resurgence,...

Banks shut over 300 transaction offices in HCMC over stringent anti-virus measures

HCMC - Over 300 transaction offices of commercial banks in HCMC have suspended their operations as the city bans residents from leaving their homes...

SBV to impose credit limits on banks failing to cut lending rates as committed

HCMC - The State Bank of Vietnam (SBV) will encourage or restrict credit growth at banks next year, depending on whether these banks have...

Banks commit to cutting lending rates for pandemic-hit firms

HCMC – Sixteen banks have pledged to reduce lending rates for enterprises affected by the Covid-19 pandemic this year with a total support value...

In the rush for capital hike

Multiple banks have recently worked out plans to issue shares, pay bonuses and dividends in shares and sell shares under the employee stock ownership...

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