Fifteen Vietnamese banks are named among the world’s top 500 most valuable banking brands this year

Commercial banks have been facing difficulties in recovering bad debts as they were unable to find buyers for high-value collateral despite

Among some 20 commercial banks in the country, 18 have completed the requirements for Basel II, a set of recommendations on banking laws

SBV on Monday, October 17, 2022, decided to adjust the trading band of the USD/VND spot exchange rate from ±3 to ±5 percent.

SBV has given credit room extensions to some commercial banks, paving the way for more money to be pumped into the economy.

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%.

The growing demand for sustainable investment options and lower valuations will keep M&A activity high during the second half of this year.

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.