Tuesday, October 17, 2017 - 5:16:52

Moody’s

New collateral rules good for VN banks: Moody’s

Business

New collateral rules good for VN banks: Moody’s

The speedy repossession of collateral is a credit-positive step for Vietnamese banks, which continue to grapple with legacy asset-quality issues caused by rapid credit growth and loose underwriting standards of the past decade, Moody’s Investors Services said in a note on August 28.

RoK revises up economic growth forecast to 3 percent

World

RoK revises up economic growth forecast to 3 percent

The Republic of Korea (RoK)’s government on July 25 raised the country’s economic growth forecast by 0.4 percent to 3 percent as Asia’s fourth largest economy has been enjoying increased exports led by the global economic recovery, Yonhap News Agency reported.

Moody’s upgrades VIB credit rating outlook

Business

Moody’s upgrades VIB credit rating outlook

Moody’s Investors Service, one of the world’s leading credit ratings agencies, has upgraded the credit rating outlook of Vietnam International Bank (VIB)’s local currency deposits and issuer ratings to “positive”, from its previous level of "stable".

Moody's upgrades Vietnamese bank

Business

Moody's upgrades Vietnamese bank

Moody's Investor Service (Moody’s) has upgraded the rating of Vietnam Bank for Industry and Trade (Vietinbank), citing its improvements in baseline credit assessment (BCA).

Moody’s: Outlook for Vietnam’s banks stable

Business

Moody’s: Outlook for Vietnam’s banks stable

Moody’s has forecast that the Vietnamese banking system will remain stable in the next 12-18 months, reflecting its expectation that the country’s macroeconomic stability will support the banks’ weak credit profiles.

TP Bank gets B2 rating from Moody’s

Business

TP Bank gets B2 rating from Moody’s

For the first time, US ratings agency Moody's Investor Service assigned B2 long-term local and foreign currency deposit and issuer ratings to Tien Phong Commercial Joint Stock Bank (TP Bank).