State Bank warns of NPLs from transport projects The State Bank of Việt Nam has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer and Build-Transfer transport projects.

Four bank shares to gain maximum 68 per cent in 12 months: JP Morgan

The New York-based financial institution said in its research that the Vietnamese banks “offered an increasingly rare combination of high and self-sustaining earnings growth."

National Assembly rejects bank capital hike proposal The proposal was presented by the NA Economic Committee Chairman Vũ Hồng Thanh on Monday as a part of the socio-economic development plan for 2020.

Bank loans to BOT, BT infrastructure projects worth $4.72 billion Bank loans for build-operate-transfer (BOT) and build-transfer (BT) infrastructure projects in the year to September reached nearly VNĐ110 trillion (US$4.72 billion), up 1.85 per cent against the end of 2018.

ABBANK reports $36.97 million profit in first nine months An Bình Commercial Joint Stock Bank has reported a pre-tax profit of VNĐ856 billion (US$36.97 million) for the first nine months of the year, a 30 per cent increase over the same period last year.

ABBANK reports $36.97 million profit in first nine months An Bình Commercial Joint Stock Bank has reported a pre-tax profit of VNĐ856 billion (US$36.97 million) for the first nine months of the year, a 30 per cent increase over the same period last year.

Postive changes made to resolve bad debt The banking sector had made considerable headway into settling bad debt, restructuring credit institutions and developing the banking system two years since the National Assembly issued a resolution on the industry.

Banks report higher profit A recent survey from the State bank of Viet Nam showed that as of September 26, credit growth was recorded at 8.64 per cent and capital mobilisation rose by 9.03 per cent.

Banks forecast strong performance despite credit slowdown Most domestic credit institutions and foreign banks’ branches in Việt Nam expect their business performance in 2019 to be better than last year despite the predicted slowdown in credit growth, according to the State Bank of Việt Nam's latest survey released late last week.

OTC-traded bank shares too cheap for purchases Lack of disclosed information, listing plans and risks of non-performing loans are dragging OTC-traded bank stocks down.