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Friday, April 26, 2024

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commercial banks

Chances from businesses with strong profit growth

Most enterprises have reported their profits for the first quarter of 2023. Besides those suffering a sharp decline as predicted, there are still businesses...

Large commercial banks agree to further cut interest rates

HCMC - Four state-owned commercial banks have agreed to further reduce interest rates following their meetings with the Government and the State Bank of...

Ambitious targets amid challenges

While the business community is concerned about a fall in profit this year, the banking system still expects positive growth. Optimistic goals Despite accomplishing 55% of...

Foreign ownership at some local banks may rise to 49%

HCMC - The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%. The Governor...

PM calls for measures to stabilize volatile bond market

HCMC - Prime Minister Pham Minh Chinh has signed an official dispatch ordering the Ministry of Finance to take prompt action to stabilize the...

Small banks can thrive

Many have asked how small commercial banks can compete with big state-owned banks. Reality in the banking system has shown that the biggest does...

A long wait

Outstanding loans in the banking system as of August 15 had totaled more than VND11,450 trillion, up 9.62%. Credit had grown 9.35% in the...

SBV inspectorate probes several banks holding corporate bonds

HCMC - The State Bank of Vietnam’s Inspectorate has been conducting inspections into seven banks that have invested in corporate bonds following the Prime...

Banks unveil ambitious charter capital hike plans

Banks have faced pressure to increase their charter capital over the past few years to enhance their financial capacity and improve safety indicators to...

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