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Sunday, May 25, 2025

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Multiple banks receive approval to raise charter capital

HCMC - The State Bank of Vietnam has recently approved charter capital increase plans of several joint-stock commercial banks. Asia Commercial Bank (ACB) has been...

Bad debt implications

Group-5 debts at banks continued rising in 2024. What percentage do they represent in the total outstanding loans in the banking system? The nature of...

Waiting for policy rate cut

Early this year, the credit growth target was set at 16% to boost economic growth. It is significantly higher than in previous years. Now,...

Acquirers of weak banks allowed to raise foreign ownership to 49%

HCMC – Private banks that acquire underperforming financial institutions will be permitted to raise their foreign ownership limit from the current 30% to a...

A new wave of deposit rate cuts?

A growing wave of deposit interest rate cuts is sweeping the market following the central bank’s meeting on February 25. Is this just a...

More banks cut deposit rates

HCMC - Ten commercial banks in Vietnam have lowered deposit interest rates at the counter, while seven banks have also reduced online deposit rates...

Banks slash deposit rates

HCMC – Several commercial banks, including BVBank, Eximbank, MSB, and KienLongBank, have lowered deposit interest rates in response to the directives by the Prime...

PM wants sanctions against banks raising deposit rates

HCMC – Prime Minister Pham Minh Chinh has told the State Bank of Vietnam (SBV) to impose strict measures against commercial banks that are...

Central bank to phase out credit growth quotas

HCMC – The State Bank of Vietnam (SBV) plans to phase out credit growth quotas for banks, targeting a 16% expansion in overall lending,...

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