SHB increases charter capital to nearly US$1.51 billion

Vietnam News | 15/08/2023 10:59:22 AM

SHB successfully issued more than 552 million shares for dividend payment in 2022, thus increasing its charter capital nearly VNĐ36.1 trillion (US$1.51 billion), according to State Securities Commissions of Việt Nam.

Lending rate forecast to drop sharply in H2 2023

Vietnam News | 11/08/2023 4:33:41 PM

Lending interest rates will drop sharply in the second half of 2023 as capital costs of commercial banks are falling, analysts forecast.

Bad debts skyrocket in wake of poor business performance

Vietnam News | 08/08/2023 11:06:36 AM

Total non-performing loans (NPLs) at many banks surged in the first half of this year due to the poor business performance of the whole economy, and experts forecast the trend will continue.

Corporate bond market hoped to develop sustainably

Vietnam News | 08/08/2023 11:04:10 AM

Following the recent launch of the privately-placed corporate bond trading system, Minister of Finance Hồ Đức Phớc has said if transparency and safety are ensured, privately-placed corporate bonds will effectively prove their role in mobilising capital for businesses.

Finance ministry unveils wrongdoings of insurance companies

Vietnam News | 10/07/2023 3:40:49 PM

Many banks missold life assurance policies, with some customers having their savings deducted to purchase agreements without their knowledge, a MoF investigation has found.

Banks to pay dividends in shares in 2023

Vietnam News | 27/06/2023 2:15:19 PM

Many banks plan to pay dividends in shares in 2023, along with plans to increase charter capital.