Finance

The slow economic activity and a sluggish property sector, which is usually the biggest borrower, are some of the reasons for the projected slowdown in credit growth

In 2022, the bank was hit by social media speculation that it was on the brink of collapse, leading customers to withdraw billions of dollars.

In 2022, the bank outperformed its targets, thanks to a sharp reduction in its bond portfolio and a focus on lending to businesses and consumers.

That many enterprises will be subject to inspection regarding their previous stages of flotation or divestment of State capital sparks concerns among investors. This could be another source of pressure on the stock market, which is already in a sensitive and very vulnerable state.

Recently, MSB was granted the best credit limit among banks by the State Bank of Vietnam at 13.5%, mainly due to the much lower LDR ratio compared to other banks

Currently, VIB has the leading retail proportion in the industry, with nearly 90% of its credit portfolio, and leads the market share in many areas such as lending for house, car, and credit card purchases

The refinancing interest rate will remain unchanged at 6% per year, though.

The investor tries to acquire FTS shares four times, with a total volume of over 6.8 million shares.

The central bank has not disclosed the names of the banks that violated regulations.

Several potential buyers had also expressed interest in purchasing SVB UK

MSB’s strategy is to promote the development of the SME sector as the main growth driver in the near future.

The deal is expected to be signed later this month

Making the sale of insurance transparent and managing the quality of consulting during this process are the key to ensuring the long-term sustainable development of bancassurance—the distribution of insurance products via banks.

Greg Becker used prearranged stock-trade plan to sell shares Silicon Valley Bank failed Friday and was taken over by FDIC

JPMorgan, Bank of America, Wells Fargo and Morgan Stanley saw $55 billion wiped off their combined market capitalization on Thursday.