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SBV says that controlling cross-ownership in banks is extremely challenging when shareholders and related parties intentionally conceal their ownership by using individuals or organizations’ names as shareholders to circumvent regulations.
U.S. reciprocal tariff policies targeting several countries, including Vietnam, have become a focal concern for banks, as these measures could directly impact their clients and, in turn, affect the quality of bank assets.
Vietnam will begin a two-year trial of peer-to-peer (P2P) lending, credit scoring, and data sharing through open application programming interfaces from July 1, following the Government’s Decree 94 issued on April 29.
GPBank, MBV, Vikki Bank, and VCBNeo are undergoing digital transformation with support from major banks.
Eximbank has held talks with more than 10 global investors to restore its market leadership.
According to experts, even real estate and gold fluctuate unpredictably. Accepting digital assets as collateral could expose banks to major risks when asset values plummet.
Cao Thi Thuy Nga takes the helm at PGBank as the board sees major reshuffle.
Despite U.S. tariffs on Vietnamese exports, HDBank reports low exposure, with loans tied to U.S. trade accounting for under 1.5% of its total.
Vietnam’s largest banks will use AI to stop fraud before transfers are completed, protecting millions of users.
Vietnamese bank LPBank has reduced its workforce by 15% in just three months while posting record profits.
The bank must pay over VND 92 million for delays in bond procedures, marked as repeat offenses.
Vietcombank, VietinBank, BIDV, and Techcombank among top taxpayers in 2024, with significant increases across the board.
As the 2025 AGM season unfolds, banks are unveiling robust targets and restructuring plans to boost competitiveness.
This strategic move aims to reinforce financial capacity, while complying with international safety standards, said economists and industry experts.
The State Bank of Vietnam (SBV) will always ensures liquidity for commercial banks, so there is no need for the banks to compete on deposit interest rates, SBV Deputy Governor Dao Minh Tu has said.
Vietnam’s bad debt crisis may see relief as the government moves to codify Resolution 42 into law, granting banks greater authority in seizing and selling collateral. The new legal framework could unlock billions in liquidity for the banking sector.
The State Bank of Vietnam (SBV) completed the compulsory transfer of four vulnerable banks, CB, Oceanbank, DongA Bank and GPBank to Vietcombank, MB, HDBank, and VPBank, respectively.
Credit for the individual customer segment last year slowed, while GDP last year recorded a strong recovery and household income growth remained low.
Banks with top profits are planning to pay high dividends.
After many consecutive sessions of net withdrawal, the State Bank of Vietnam (SBV) last week net injected 199.7 million USD through the open market operation and bill channels to support liquidity in the banking system.