With IFC’s support, OCB expects to double its SME lending portfolio by 2024 by leveraging its digital banking platform and developing products that cater to the sector’s needs.
HSBC expects rising housing prices to constrain the SBV’s ability to deliver any further rate cuts.
IFC, a member of the World Bank Group, has increased trade finance limits for Vietnamese banks as a rapid response initiative to address, in advance, potential trade finance challenges triggered by the outbreak of the novel coronavirus, known as COVID-19.
A possible deceleration in 2020 growth of Vietnam's main export markets would weigh on its growth.
Moody's Investors Service has placed the Ba3 local and foreign currency issuer and senior unsecured ratings of the government of Vietnam under review for downgrade, which Vietnam's Ministry of Finance said is not convinced.
After a year of breakthrough, Vietnam’s commercial banks have become more cautious, setting lower profit targets this year.
Vietnam’s private enterprise bond market increased 30 per cent year on year.
The State Bank of Vietnam has given nod to branches of foreign banks to increase capital.
South Korea's KEB Hana Bank will spend $650-700 million to acquire a 15 per cent stake in BIDV.
Moody's Investors Service, also known as Moody's, has just upgraded the long-term local and foreign-currency deposit and issuer ratings of the three leading joint stock commercial banks of Vietnam.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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