Vietnamese banks see improved solvency Business

Vietnamese banks see improved solvency

Banks in Vietnam posted solid profit growth and asset quality improvements in 2019, benefitting from the country's robust macro-economic environment, Moody's Investors Service said.
Indonesia lowers 2019 credit growth target World

Indonesia lowers 2019 credit growth target

The Indonesian Financial Services Authority (FSA) has revised the credit growth in 2019 down to the range 8-10 percent from the range of 12-14 percent it forecast in the middle of the year.
Moody’s affirms B2 rating for SHB Business

Moody’s affirms B2 rating for SHB

Moody’s Investors Services has recently affirmed Sai Gon-Hanoi Commercial Joint Stock Bank (SHB) B2 long-term local and foreign currency deposit ratings.
Banks short of credit growth quota for 2019 Business

Banks short of credit growth quota for 2019

Though there remains six months, some banks have almost used up the assigned quota for the whole year, and experts said it would be difficult for the banks to get an expansion approval from the State Bank of Vietnam (SBV).
Bangkok Bank wants higher lending limit in Vietnam World

Bangkok Bank wants higher lending limit in Vietnam

The Vietnamese branch of Bangkok Bank has sought permission from the State Bank of Vietnam to increase lending growth cap after its lending expansion during the first half of 2018 neared the 15-percent annual limit.
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.