VIS Rating: Banks’ asset risk stable in 9M
Asset risk shielded by limited exposure to typhoon-hit northern region.
Topic: banks
Banks commit $285mln in credit for 15 social housing projects
Loans part of government social housing development credit package worth $4.89 billion.
Open API hub needed for banks to connect data
Digital transformation a top priority for the banking sector, VnEconomy conference hears.
Banks in HCMC provide over $21mln in credit for businesses
Southern city’s banking-business connection initiative has helped more enterprises gain access to credit.
Banks spend some $662mln on digitization
Daily transactions now reach 8 million, with a cash value of some $38 billion, as banks pay greater focus to digital transformation.
HCMC posts Q1 credit growth of 1.25%
Local banks continue to take measures to help businesses address the difficulties.
Binh Duong hosts business-bank connection conference
Conference aims to seek measures to tackle difficulties facing enterprises.
Banks cut deposit interest rates by 0.2-0.5%
Reduction will help reduce lending rates and support businesses.
Local banking brand value improves in global rankings
Overall growth in brand value of 31.3% posted by Vietnamese banks.
Banks asked to facilitate credit access for businesses
Access to be reviewed and reports prepared.