interest

Is the non-interest income to be a "salvage" for bank profits?

12:37 | 04/09/2023 Import-Export

The context of slowing growth, thinning profit margins (NIM) has caused banks' main revenue to decrease in the first six months of 2023. Therefore, for many banks, non-interest income is a "salvation" so that profits do not fall too deeply.

Is non-interest income an " salvation" for bank profits?

15:51 | 26/08/2023 Import-Export

VCN - The context of slowing growth, and thinning Net Interest Margin (NIM) has caused banks' main revenue to decrease in the first 6 months of 2023. Therefore, for many banks, non-interest income is a "salvation" for profits not fall too deeply.

Interest rate cut expected to pump economy up

15:17 | 19/06/2023 Finance

The State Bank of Vietnam (SBV) is cutting down a series of key interest rates by 0.25%-0.5% from June 19, which is expected to make a double impact on the economy thanks to stronger credit activities and higher liquidity.

Deputy PM’s conclusions on interest rate support package

15:46 | 22/08/2022 Finance

The Government Office has issued an announcement on Deputy Prime Minister Le Minh Khai’s conclusions at a meeting on interest rate support package in accordance with the Government’s Decree No.31/2022/ND-CP dated May 20.

Deputy Governor of the State Bank: Do not let policies be exploited

13:38 | 14/06/2022 Import-Export

VCN - According to Mr. Dao Minh Tu (pictured), Standing Deputy Governor of the State Bank of Vietnam (SBV), there are positive signs that these sectors and fields have recovered and credit is on the right track.

The hard liquidity, increasing credit, interest rates are under upward pressure

12:53 | 23/05/2022 Import-Export

VCN - Deposit interest rates in Vietnam are under increasing pressure in the last months of the year, but the interest rate compensation package can help reduce the lending interest rate.

Adjust the credit line to the right address

15:25 | 03/02/2022 Import-Export

VCN - To help businesses recover after the pandemic, banks have issued a series of policies. The problem is how to get the credit flow to the right "address", contributing to economic growth.

Three big banks have great profits, but bad debts increase fast

17:42 | 05/11/2021 Finance

VCN - The growth rates of the three big banks, namely Vietcombank, VietinBank, and BIDV, are still positive, but the bad debt performance of Vietcombank and VietinBank is remarkable.

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

19:48 | 19/10/2021 Finance

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.

3-4% interest rate support package: Need to learn from experience

08:56 | 03/10/2021 Import-Export

VCN - At the 3rd meeting of the National Assembly Standing Committee, National Assembly Chairman Vuong Dinh Hue suggested the Government consider the package of interest rate compensation for banks to reduce lending interest rates to remove cash flow prob

Reducing debt burden

09:46 | 18/09/2021 Finance

VCN - In the midst of the pandemic, many businesses are making efforts to repay trillions of dong of debt that is a bright spot in the picture of listed companies' debt.

Foreign investors maintain interest in Vietnam

19:53 | 07/05/2021 Import-Export

Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.

Brokers seek way to borrow from investors with high interest rates

20:22 | 18/03/2021 Finance

As banks are offering low interest rates, many securities companies are seeking way to mobilise capital from investors by offering higher interest rates.

Supporting industry firms to get interest rate subsidy

16:10 | 08/12/2020 Import-Export

Companies in the supporting industry will get an interest rate subsidy from next year in an effort to promote the development of the part-supply industry, said Pham Tuan Anh, Deputy Director of the Industry Agency under the Ministry of Industry and Trade.

Breakthrough momentum of steel enterprises

08:08 | 06/11/2020 Import-Export

VCN - According to the Vietnam Steel Association (VSA), the third quarter of 2020 recorded a breakthrough in the production and consumption of steel products after the first half of the year slowed down due to the impact of the pandemic. This has helped c