Small banks struggle to meet Basel II deadline Capital difficulties are putting pressure on some banks struggling to meet the central bank’s Basel II deadline of early next year, but experts suggest the central bank should not delay the process.

Credit slowdown causes concern about access to bank loans Việt Nam's credit growth is slowing and can fall behind the central bank’s target of 14 per cent for 2019, causing concerns that it could make it difficult for businesses to access bank loans during the remaining months of the year.

Basel II deadline rapidly approaching, are banks on course to meet norms?

Banks with a relatively good performance and financial situation can easily adopt Basel II standards whereas it is difficult for those facing financial difficulties.

Cross-ownership in the banking system almost resolved

Cross-ownership in the country’s banking system had almost been eliminated, a recent report by the State Bank of Việt Nam showed.

Việt Nam to launch first cryptocurrency exchange

 Việt Nam will soon launch a new cryptocurrency exchange – the first of its kind in the country.

Banks see bad debt ratio drop

The number of non-performing loans (NPLs) at many banks has decreased dramatically in the past few months, with some even posting a decline of more than half.

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SBV to end cross-ownership in Vietnamese banks

The State Bank of Việt Nam (SBV) has set a target to stop cross-ownership among credit institutions (CIs) by the end of 2020.

Large banks cut lending interest rate to aid businesses

On Wednesday, four State-owned banks said they would cut interest rates on dong loans in the Government’s priority sectors to support firms in 2019, starting from Thursday.

Vietcombank no longer a major shareholder at other credit institutions

Vietcombank has officially completed a plan to reduce its holding ratio at other credit institutions to below 5 per cent as required by the central bank.