Bank profits maintain bright colors

Bank profits maintain bright colors

Although the prolonged Covid-19 pandemic has negatively affected the economy, the banking industry still retains bright colors in the profit picture in 2021.
Concerns on current bad debt situation

Concerns on current bad debt situation

The current bad debt ratio is a big concern for the State Bank of Vietnam, which continues to tighten credit flow into risk areas.

 

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Bad debts need to be curbed

After the Circular issued by the State Bank of Vietnam on debt restructuring, many bad debts of commercial banks have become non-bad debts because they do not have to change the debt groups. Many financial experts claim that this amount of debt is very large, contrary to the number announced by banks.
Maintaining credit growth but controlling risks

Maintaining credit growth but controlling risks

Deputy Director of the SBV Monetary Policy Department Bui Thuy Hang said that the credit balance of the whole economy by November 25 increased by 10.1 percent compared to the end of last year.
Sharp increase in bad debts again

Sharp increase in bad debts again

There is a clear indication that bad debts are now increasing rapidly. This will lead commercial banks to face tremendous pressure as Resolution 42/2017/QH14 on bad debt settlement of credit institutions will expire in less than a year on 15 August 2022.
Worrisome concerns about stock market bubble

Worrisome concerns about stock market bubble

At the National Assembly last week, there were worrisome arguments about the structure of the budget revenue based on the stock market bubble and the real estate sector. 
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Banks await more foreign strategic investors

Several banks are currently issuing dividend paying shares as well as making strong efforts in finding more foreign strategic investors to increase capital. 
Banks create conditions for businesses to restore soon

Banks create conditions for businesses to restore soon

Since the beginning of 2021, Ho Chi Minh City has supported more than 406,000 customers with a total outstanding balance of more than VND471.19 trillion under the policies of the State Bank of Vietnam (SBV) on supporting businesses affected by the Covid-19 pandemic. In the fourth quarter of 2021, the city will strengthen the Bank and Business Connection Program with a credit support package of about VND70 trillion.
Banking stocks lose dominant position

Banking stocks lose dominant position

Banking stocks are currently not receiving the perceived response, despite the great expectation of investors. One needs to analyse the many reasons for the group of banking stocks to lose their dominant position in the stock market.