vietnamese banks

Update news vietnamese banks

Vietnamese banks expect big inflow of foreign capital

Tens of trillions of VND is expected to be poured into Vietnamese banks by foreign investors in 2019 and 2020 as negotiations on many deals are running smoothly.

Vietnamese banks to seek capital in international markets

Vietnamese banks are seeking to raise capital in international bond markets as they face growing pressure to hike capital to satisfy the central bank's regulations on minimum capital requirements and Basel II standards by early next year.

 

Vietnamese banks to seek capital in global markets

Vietnamese banks are seeking to raise capital in international bond markets as they face growing pressure to hike capital to satisfy the central bank's regulations on minimum capital requirements and Basel II standards by early next year.

 

Foreign capital flows through Vietnamese banks

 As capital demands of Vietnamese firms are rising sharply, local banks are increasingly cooperating with foreign financial institutions to provide offshore loans, making the business become lucrative.

Vietnamese banks' IPO plans pushed back again

The long-awaited listing of many large Vietnamese banks has once again been delayed as banks wait for market conditions to improve.

VN banks target higher business goals, raising charter capital in 2019

Several banks approved their 2019 business targets and plans for raising capital in annual shareholders’ meetings on Tuesday.

 

Credit growth limited at 15% for Vietnam's best banks in 2019

The State Bank of Viet Nam (SBV) has assigned a credit growth limit to each commercial bank in 2019, with priority given to those who met Basel II’s capital safety and risk management standards ahead of schedule.

 

Settlement of VN banks' bad debts faces hurdles

Though the bad debt ratio of the banking system has been reported to drop to below 3 percent of its outstanding loans, how to deal with the amount of bad debt stuck at the Vietnam Asset Management Company  is still a troublesome job.

Putting Vietnam’s banks on the map

Although the local banking sector might be one step behind its regional peers, the formation of the ASEAN Economic Community has set the local industry on a definite path of committed changes that should prepare it for any upcoming challenges.

Major shareholders to exit Techcombank

Techcombank has announced that shares belonging to major shareholders are to come on to the market, as part of ownership limitations introduced by the State Bank of Vietnam.

Bad debts eating bank profits

 A series of banks are facing towering bad debt provisions that ate up their profits for the first three quarters of the year, which had been promisingly reported.

TPP heralds new financial structuring

 VietNamNet Bridge – Experts forecast that the Trans-Pacific Partnership (TPP) will bring about sweeping changes within the Vietnamese financial market, however, thorough preparation is needed to maximize potential benefits.

Slow to move

 More and more banks are becoming engaged in green credit but it's been a long time coming.

Local banks court foreign investors

VietNamNet Bridge – Lauded as the land of the rising middle class, with surging spending power and plenty of room for retail banking growth, Vietnamese local banks will likely continue to be merge and acquisition targets of foreign investors

Banks reduce cross-ownership

 VietNamNet Bridge – Only three pairs of commercial joint stock banks had cross-ownerships, down three pairs from 2012, said Governor of the State Bank of Viet Nam (SBV) Nguyen Van Binh.

Housing law means affordable homes, real estate growth

 VietNamNet Bridge – The construction sector excelled in 2014, said Minister of Construction Trinh Dinh Dung.

Moody's ups VN banking system's rating to stable

 Moody's Investors Service raised the outlook on Vietnam's banking system to stable from a negative assessment, noting a stable business climate, improved macro-economic situation and easing liquidity stress.

Banks struggle to meet regulations

 VietNamNet Bridge – High costs and a lack of data are preventing Vietnamese banks from meeting the 2015 deadline set for the implementation of Basel II regulations in the country.

Vietnamese banks seek foreign partners

 VietNamNet Bridge – Many Vietnamese banks believe that calling for foreign capital is the best solution for them to improve their financial capability.

China has no influence on Vietnam’s financial markets: Central bank

 VietNamNet Bridge – China has no significant influence on the Vietnamese finance market, and the dong/dollar exchange rate will remain stable, an official of the State Bank of Vietnam (SBV) has said.