Bad debt has increased sharply, but the reserve buffer is "thin"

Bad debt has increased sharply, but the reserve buffer is "thin"

At the end of the first quarter of 2022, banks recorded strong profit growth but the bad debt ratio tended to increase.
Strongly adjusting credit flow

Strongly adjusting credit flow

Ensuring the safety and soundness of the financial market, including the banking system, is a key issue when the risks are forecast to remain hidden and likely to increase
Cooperation in State revenue collection: Important step forward to Digital Treasury

Cooperation in State revenue collection: Important step forward to Digital Treasury

Coordination between the State Treasury and commercial banks in collecting state revenue has gradually promoted its effectiveness.
Promote non-cash payment activities in the State Treasury system

Promote non-cash payment activities in the State Treasury system

The State Treasury has just approved a Project on developing non-cash payments in the State Treasury system until 2025
Coordination in collection between treasury and banks: facilitating taxpayers

Coordination in collection between treasury and banks: facilitating taxpayers

The State Treasury continues to expand coordination in state revenue collection with commercial banks in order to accelerate administrative reform and strengthen non-cash payments
Banks are "busy" to pay "paper" dividends: Who loses, who benefits?

Banks are "busy" to pay "paper" dividends: Who loses, who benefits?

This year, shareholders of banks continue to receive dividends in shares, but at a "giant" rate. This not only helps shareholders but also creates favorable conditions for the bank to increase charter capital.
Commercial banks tighten real estate lending

Commercial banks tighten real estate lending

Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Việt Nam (SBV)'s policy on controlling credit growth in risky areas.
"Opening room" for foreign investors in commercial banks in Vietnam

"Opening room" for foreign investors in commercial banks in Vietnam

VCN- According to the Central Institute for Economic Management (CIEM), the adjustment of the limit on the percentage of foreign investors' share ownership in Vietnamese commercial banks will attract more foreign investment in the field of finance and ban
Sixteen banks reduced more than VND15,500 billion in lending interest rates

Sixteen banks reduced more than VND15,500 billion in lending interest rates

The total amount of accumulated reduced interest from July 15, 2021, to October 31, 2021, of sixteen banks is about VND15,559 billion, reaching 75.48% compared to the commitment.
Banks

Banks' bad debt continues to increase

Not only wanting to legislate Resolution 42 on dealing with bad debts, banks also expect a more developed debt trading market, with a mechanism to support banks in handling bad debts effectively.
Earning big, banks urged to further cut interest rates for affected borrowers

Earning big, banks urged to further cut interest rates for affected borrowers

Since commercial banks has seen big earnings during the third quarter of 2021 despite social distancing measures in place in many cities and provinces, insiders believed there is still room for lenders to further cut interest rates for enterprises affected by COVID-19.
Pilot pre-authorized e-tax payment program at Vietnam National Coal-Mineral Industries Group

Pilot pre-authorized e-tax payment program at Vietnam National Coal-Mineral Industries Group

VCN – The Vietnam National Coal-Mineral Industries Group has proposed the Customs to support the Group in implementing the pre-authorized e-tax payment program.
Be careful with bad debt risks and ensure capital adequacy

Be careful with bad debt risks and ensure capital adequacy

The World Bank (WB) expert recommended that the authorities should carefully monitor the increase of bad debt and promote the application of capital adequacy regulations for all banks
Interest will be adjusted based on the market and each bank

Interest will be adjusted based on the market and each bank

The State Bank of Vietnam (SBV) has experience in dealing with different price increases in the world, so it will have an appropriate interest rate management policy.
Finding cheap capital, the "fight" for CASA market share is hot

Finding cheap capital, the "fight" for CASA market share is hot

With the cost of capital close to zero, demand deposits (CASA) are being actively promoted by banks with many solutions, with the expectation of helping banks maintain and expand profit margins
    Prev         Next    
Mobile Version