Vietnam

MUFG appoints Calvin Nguyen as director and head of global corporate banking in Vietnam

He was the previous global banking country head in Vietnam International Bank.

Chart of the Week: Vietnamese banks are downplaying their problem loans

Vietinbank, for instance, reports an NPL ratio of 1.4% but the true figure is at least 3%.

Vietnam hammers hard on bad loans as banks clear $6.42b in soured assets in 2018

This brings the bad loan ratio to 1.89% in 2018 from 1.99% in 2017.

Vietnam to put an end to cross-ownership at banks by 2020

The number of cases between direct share ownership between banks and enterprises fell to 4.

Vietnamese banks continue to grow consumer lending arms

Techcombank is allowing borrowers to loan up to 10 times their monthly income.

Vietnamese banks' capital shortfalls triggers bond issuance frenzy

BIDV has approved the issuance of 400,000 bonds to raise $170.5m.

Vietnamese banks cash in on $44b consumer finance market

The pivot to retail has boosted NIMs, loan growth and operational efficiency.

E-wallet war heats up in Vietnam as banks join fray

Four more banks received clearance to operate e-wallet businesses.

Vietnamese banks slash service fees in economic boost

BIDV cut nine service fees whilst Military Bank reduced 16.

Vietnamese banks' war against bad debt pays off

Lower credit costs lifted average operating profit/risk weighted assets from 1.6% in 2017 to 2.2% in H1 2018.

Vietnamese banks continue shedding bad debt in June

Non-performing loan ratio has fallen to 6.7%.

IFC seeks buyer for Vietnamese bank stake

This goes against the trend of greater investments in Vietnamese banks.

Capital crunch clouds Vietnamese banks' stellar half-year profit results

Lenders have been turning to IPOs and bond issuances to plug the gap.