bank

Concerns about bank credit quality as bad debt increases

11:01 | 11/11/2023 Import-Export

VCN - According to the newly released consolidated financial report, Vietcombank reported pre-tax profit for the first 9 months of 2023 of more than 29,550 billion VND, an increase of 18% over the same period last year.

Credit growth is slow, many banks "suffered" loss of profit in the third quarter

09:51 | 07/11/2023 Finance

VCN - Fluctuations in the world and domestic economies are causing the third-quarter profits of many banks to decline. At the same time, banks also face difficulties when credit growth is low and bad debt increases.

Concerned about handling weak banks, restructuring credit institutions still has many difficulties

10:32 | 01/11/2023 Finance

VCN - Currently, the State Bank is directing relevant parties to carry out the next steps to submit to the Government for approval the plan to restructure these banks according to the prescribed order and procedures.

Find a balance for controlling inflation and managing interest rates

15:46 | 25/10/2023 Finance

VCN - To be proactive in management, price regulation and inflation control in the remaining months of the year, flexible monetary policy with appropriate interest rates is an important solution that needs to be implemented.

Lending interest rate decrease keeps slow peace with deposit interest rates

09:53 | 16/10/2023 Finance

VCN - Despite sluggish fall compared to deposit interest rates, lending interest rates are predicted to witness the ongoing downtrend in the near future. Banks also tend to compete with each other to attract borrowers, facilitating businesses and people t

Deposit interest rates anchored at low levels

14:08 | 03/10/2023 Finance

Going against the usual rule of gradual increases in the last months of a year, deposit interest rates in most banks are anchored at low levels, and even some continue to decrease.

Understanding the "appetite" for flexible loan conditions

15:31 | 29/09/2023 Import-Export

VCN - The continuous reduction in interest rates is considered a significant effort to support business recovery. However, small and medium-sized enterprises (SMEs) are still suggesting the need for flexible loan conditions to enhance their access to capi

Increase defense for customer to block online fraud in the banking sector

10:23 | 28/09/2023 Finance

VCN - Lieutenant Colonel Cao Viet Hung, Deputy Head of Division 4 The Department of Cyber Security and Crime Prevention using high technology (Ministry of Public Security), said that in the coming time, criminal activities using high technology would incr

The capital challenge for the import-export sector

13:37 | 13/09/2023 Finance

VCN - Despite the ongoing challenges, Vietnam's import-export turnover has increased rapidly and reached 200% of GDP.

Facilitate enterprises to access foreign capital

13:46 | 08/09/2023 Import-Export

VCN - Regulations on conditions for foreign loans not guaranteed by the Government have been in effect for a few days, thereby removing obstacles for businesses in borrowing capital from abroad and being more consistent with international practices.

Mobilizing resources for policy credit

12:35 | 04/09/2023 Finance

VCN - Policy credit and commercial credit are two financial channels that help promote economic growth and ensure social security. In particular, policy credit is one of the "pillars" in the system of poverty reduction policies.

Insurance is no longer a "goose that lays golden eggs" for banks

11:32 | 03/09/2023 Finance

VCN - According to statistics in the financial statements of the 2nd quarter and the first 6 months 2023 of 28 banks, only 8 banks detailed their revenue from insurance activities, of which 7 banks recorded negative growth, the only bank with positive gro