Lending rates continue to fall, down 0.7 percentage points since late 2024, easing access to credit and supporting economic growth

The year 2025 is identified as a year of acceleration and breakthrough to reach the finish line for the entire 2021-2025 term.

Visiting the State Bank of Vietnam on February 3, PM Pham Minh Chinh proposed that the sector

Draft proposes adding numerous sanctions and increasing fines for administrative violations.

Banks worldwide now recognize the benefits AI can provide in banking operations and customer access.

Risk management has become an extremely important task for all banks.

SSI Research has published a report on the estimated business results of 26 companies in the third quarter of this year. Twenty-four are forecast to post profit growth while two are forecast to see a fall in profits. Banking profits are believed to have grown strongly in the third quarter despite interest rate hikes putting pressure on the net interest margin (NIM). The leading banks in terms of profit were Vietcombank, BIDV, ACB, and VPBank.

A recent report from the Agribank Securities Company (Agriseco) noted that the banking sector will face challenges maintaining profit growth in 2022 and 2023 at levels recorded in 2020 and 2021. Growth has declined amid insufficient space for credit growth, while Net Interest Margins (NIM) face pressure from rising deposit rates as lending rates prove difficult to increase.

Analysts believe that banking stocks will lead the way in Vietnam’s stock market this year, though price growth may ease.

Four main tasks for banking sector to focus on this year.