banks

Insurance is no longer the "golden egg-laying goose" for banks

19:40 | 30/08/2023 Finance

VCN- Amidst the crisis of confidence in the "marriage" between banks and insurance, the cross-selling revenue from insurance at banks significantly declined in the first half of the year compared to the same period last year.

Commercial banks invest nearly 630 million USD in digital transformation: SBV

17:05 | 22/08/2023 Finance

Commercial banks in Vietnam have invested a total of 15 trillion VND (629.7 million USD) in digital transformation, heard an online seminar on ensuring security and safety for e-payments in the digital era held on August 21.

Banks' "step back" in the second quarter

19:17 | 20/08/2023 Finance

VCN - Up to now, 27 banks have announced business results for the second quarter and first six months of 2023.

Increasing access ability to capital through electronic lending method

10:14 | 15/08/2023 Finance

VCN - Circular No. 06/2023/TT-NHNN amending and supplementing a number of articles of Circular 39/2016/TT-NHNN dated December 30, 2016 of the State Bank of Vietnam on regulations on lending activities has added a separate section for lending activities by

Five banks earned profits of more than 10 trillion VND in H1

14:57 | 04/08/2023 Finance

Five banks in Vietnam recorded a pre-tax profit of more than 10 trillion VND (422 million USD) in the first six months of this year, financial statements of the banks showed.

Law needed to ensure banks can repossess collateral on bad debts

15:29 | 19/07/2023 Finance

It is necessary to create a synchronous and breakthrough legal framework to deal with bad debts in order to achieve more positive results as the work is facing many challenges, according to experts.

Banks cut rates for new loans amid low capital demand

16:21 | 14/07/2023 Finance

Banks have to lower lending interest rates to stimulate demand for new loans as credit growth falters and deposit interest rates have also dropped sharply.

Vietnam Report announces Top 10 prestigious banks

15:19 | 22/06/2023 Finance

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2023, which is its annual activity to recognise efforts to develop the prestige and brands of the financial-banking sector.

Top 50 prestigious public companies in 2023: Shooting stars and unpredictable forecasts

11:38 | 14/06/2023 Import-Export

VCN - In the first 4 months of 2023, Vietnam's stock market struggled and differentiated, continuously increasing and decreasing. By the end of April, the VN-Index decreased compared to the previous month.

Banks advised to pay attention to liquidity when large savings mature

14:59 | 09/06/2023 Finance

Banks will have to exercise caution to ensure stable liquidity when trillions of Vietnamese dong in savings deposits reach their maturity dates over the next few months, according to experts.

Enterprises seek ways to recover

14:09 | 07/06/2023 Import-Export

VCN - Amid difficulties, many enterprises are trying to maintain production activities and regain growth momentum with solutions such as prioritizing restructuring on production lines, converting to green production, diversifying products, and shifting to

Charter capital of banks to increase sharply in 2023

16:48 | 15/05/2023 Finance

Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.

Many banks planning move to HoSE

15:44 | 09/05/2023 Finance

Banks, including VietBank (VBB) and Việt Capital Bank (BVB), are expected to transfer from UpCOM exchange to the Ho Chi Minh City Stock Exchange (HoSE).

Banks set a lot of "ambitions" with the goal of credit growth

19:05 | 02/05/2023 Finance

VCN - After two times of lowering the operating interest rate from the management agency, the deposit interest rate has dropped quite sharply, helping to create the expectation that the lending interest rate will go down, thereby stimulating a credit incr

SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

20:30 | 01/04/2023 Finance

The State Bank of Vietnam (SBV) has suggested the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.