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With simultaneous interest rate cuts and accelerated credit disbursement, banks are fuelling Vietnam’s economic breakthrough, driving towards the ambitious targets of 8 per cent GDP growth...
Banks have taken swift action to reduce their deposit rates following a meeting with the central bank (SBV) on implementing measures to stabilise deposit rates on...
Credit institutions continue to bear responsibility for providing capital to meet development demand, with a particular focus on the nation’s key public projects. In a socioeconomic...
Several banks have set higher profit targets for this year, expecting more positive credit growth amid improved capital absorption capacity and an acceleration of public investment....
Banks are committed to supporting the government’s directives by proposing solutions for a stronger banking system and lowering lending rates, helping the economy achieve over 8...
Phan Duy Hung, senior analyst and director at research-focused risk assessment firm VIS Rating, scrutinises the role of credit in economic development, and suggests how Vietnam...
The four largest banks in Vietnam by total assets – BIDV, VietinBank, Agribank, and Vietcombank – reported record profits totaling an estimated VND126 trillion ($4.97 billion)...
A slew of Vietnamese banks have planned to increase their charter capital in anticipation of a positive outlook for 2025. Saigon-Hanoi Commercial Joint Stock Bank has...
