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.

Credit institutions expect improvemed business results Under the business sentiment survey conducted in June, which covered all domestic and foreign banks in the country, many banks also expect an upward trend in their business for the whole of 2019.

Central bank unveils monetary policy for H2 2019

The State Bank of Việt Nam (SBV) will continue to follow a pro-active, flexible and cautious monetary policy as well as working in close conjunction with fiscal and other policies to control inflation, sustain the macro-economy and support economic growth in the second half of this year.

The impact of credit policies on Việt Nam’s banking outlook

The Vietnamese central bank has a number of policies, including tightening credit growth, designed to improve the health of the country’s banking system. Jonathan Cornish, Head of Asia-Pacific Financial Institutions at Fitch Ratings, talks with Việt Nam News reporter Nguyễn Thu Hà about the policies and outlook of the country’s banking system in 2019 and in the next few years

Funding capacity, asset quality of banks improves The financial capacity of Việt Nam’s credit institutions has solidified in recent years, with their charter capital reaching VNĐ578.9 trillion (US$24.85 billion) by the end of the first quarter 2019.

Việt Nam’s credit growth expands in first months of 2019 The credit growth of Vietnamese banks as of April 17 this year had expanded by 3.23 per cent against the end of 2018, the State Bank of Việt Nam (SBV) reported.

HDBank targets profit up 27 per cent

Việt Nam's Housing Development Bank (HDBank) plans to collect VNĐ5.07 trillion (US$217 million) in pre-tax profits this year, an increase of 27 per cent compared to 2018.

Credit institutions recover nearly $8.8b of bad debts Credit institutions in Việt Nam settled more than VNĐ204.4 trillion (US$8.77 billion) of non-performing loans (NPLs) by the end of the first quarter this year, said Nguyễn Thị Hồng, deputy governor of the State Bank of Việt Nam (SBV).