Commercial banks have been facing difficulties in recovering bad debts
Commercial banks have been facing difficulties in recovering bad debts as they were unable to find buyers for high-value collateral despite
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- Oct 20, 2022
18 banks have completed the requirements for Basel II
Among some 20 commercial banks in the country, 18 have completed the requirements for Basel II, a set of recommendations on banking laws
- Oct 17, 2022
SBV decided to adjust the USD/VND spot exchange rate from ±3 to ±5 percent
SBV on Monday, October 17, 2022, decided to adjust the trading band of the USD/VND spot exchange rate from ±3 to ±5 percent.
- Sep 19, 2022
SBV has given credit room extensions, but capital is being released in dribs and drabs
SBV has given credit room extensions to some commercial banks, paving the way for more money to be pumped into the economy.
- Sep 12, 2022
The highest credit room extension up to 4% to a bank
Sacombank leads the list with increased credit room at 4%. Other banks such as Agribank 3.5%, MB 3.2%, SHB 3.2%, VIB 3%, Vietcombank 2.7%.
- Aug 29, 2022
M&A activity will be high during the second half of this year.
The growing demand for sustainable investment options and lower valuations will keep M&A activity high during the second half of this year.
- Aug 28, 2022
Corporate bond issuance dived in the first half of 2022
According to MB Securities, over 183.5 trillion VND (7.8 billion USD) of corporate bonds were issued in the first six months of the year.
- Aug 24, 2022
The reference exchange rate is up 2 VND from the previous
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,234 VND/USD on August 25, up by 2 VND.