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Central bank grants first credit growth quota for banks in 2023 | Business

The State Bank of Vietnam (SBV) has recently granted the first credit growth quotas in 2023 to a number of banks, with a majority of them receiving lower rates than last year.

Republic ofCao phongDa nangÐn ngUnited kingdomHoa binhDepartment of taxationDepartment of tourismMinistry of industryImport export departmentGeneral departmentState bankCredit growthState bank of vietnamDeposit interest ratesCommercial banks

Bustling M&A deals in banking industry at year beginning

Right from the beginning of 2023, many banks have announced their plans for merge and acquisition (M&A) deals and capital increase.

Republic ofSumitomo mitsui banking corporationJpg bankVietnam national petroleum groupState bankErge and acquisitionM ampa dealsCapital adequacy ratio

JCB and Vietnam Prosperity Joint Stock Commercial Bank launch VPBank JCB Credit Card with a focus on Generation Z in Viet Nam

TOKYO & HO CHI MINH, Feb 6, 2023 - (JCN Newswire) - JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and Vietnam Prosperity

Republic ofSchwierige zeitenAyaka nakajimaCo ltdInternational coCorporate communicationsVietnam prosperity joint stock commercial bank vpbankVietnam prosperity joint stock commercial bankBrand finance

Banks plan to pay cash dividends for first time in three years | Business

Some banks have announced plans to pay cash dividends to shareholders for the first time in three years.

Republic ofLang sonL ng sonRural development le minh hoanCivil aviation authority of vietnamCivil aviation authorityCash dividend paymentsVietnam international commercial joint stock bankVietnam news

Deposit rate hikes still lingering

Banks continue to increase their deposit rates to relieve liquidity constraints at year-end.

Republic ofKin giangVu anhNational assembly economic committeeGp bankViet capital bankKienlong bankState bankMilitary bankDinh trong thinhTrinh ngoc ducDeposit rateRate hike

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