In a recent forecast for 2026, Vietcombank Securities Company projected credit growth across the entire banking sector of around 16 to 18%, exceeding the SBV’s 15% target.
A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Vietnam (SBV)’s latest survey on business trends of credit institutions showed.
Cambodia's banking industry enjoyed strong growth in both loans and deposits in the first half of 2021 despite the COVID-19 pandemic, according to the National Bank of Cambodia (NBC), the country's central bank.
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) announced a record consolidated pre-tax profit of 10.3 trillion VND in 2019 (447 million USD), exceeding 9 percent of the yearly plan and up 12.3 percent compared to 2018.
Though deposits slowed down, banks' liquidity was strong last year. Economists forecast that interest rates will remain stable and even decrease slightly in 2018.
Credit growth rate in the first eight months of 2017 has been estimated at 11.5 percent compared to the end of 2016, the National Financial Supervisory Commission (NFSC) reported.
Market research firm MarketIntello has forecast that Vietnam’s inflation may fall to below 3 percent, lower than the rate of 3.8 percent it predicted last month.