Banks forcing compulsory insurance on customers

Banks forcing compulsory insurance on customers

Commercial Banks with limited credit room have agreed to work for insurance companies and are now forcing customers to buy compulsory insurance before they can receive loans.
Illustrative photo.

Few takers for life insurance in Vietnam

Life insurance has been present in Vietnam for more than 20 years, but the percentage of Vietnamese people who have signed for life insurance benefits is still extremely low. 
Many banks see increased profits

Many banks see increased profits

In the 2022 annual general meeting of shareholders, many commercial banks announced that profits increased sharply in the first quarter of this year.