Banks face challenges in improving credit quality Business

Banks face challenges in improving credit quality

Though banks gained profits of trillions of Vietnamese dong in Q3 2022, credit quality has remained a concern of the banking industry, especially when Circular No. 14/2021/TT-NHNN on loan rescheduling for COVID-19 affected borrowers expired at the end of June this year.
Credit surges 11.5% by end-October Business

Credit surges 11.5% by end-October

Credit of the banking system by the end of October this year rose by 11.5% compared to the end of 2021, Bao Viet Securities Company (BVSC) said, citing data from the State Bank of Vietnam (SBV).
Green bonds a new tool to draw capital Business

Green bonds a new tool to draw capital

Green bonds are an innovative tool for businesses to mobilise financing from the private sector such as banks, financial institutions, and especially foreign capital.
Twenty years doing social policy credit wholeheartedly Society

Twenty years doing social policy credit wholeheartedly

Officially launched and put into operation on October 4, 2002, the Viet Nam Bank for Social Policies - as the "extension arm" of the Government - has worked hard to bring preferential capital to the poor and other policy beneficiaries – in a 20-year journey full of hardship, sweat and even tears of thousands of officials and employees in the system.
Be, Cake, Visa launch co-branded credit card Business

Be, Cake, Visa launch co-branded credit card

Digital bank Cake, ride-hailing platform Be and Visa announced their first co-branded credit card product called the Be-Cake Visa credit card, offering many exclusive benefits without annual fees and the highest cash-back rate in the market at 20%.