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Vietnam’s banking landscape is being reshaped by mandatory transfers, marking a pivotal step in stabilising weak banks and strengthening the sector.
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Banking stabilisation on cards with mandatory deals
The domestic banking merger and acquisition landscape is being reshaped by mandatory transfers, marking a pivotal step in stabilising weak banks and strengthening the sector’s foundation.
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Liquidity pressure “substantial” on Vietnam’s banks
Intense liquidity pressures and surging interest rates are anticipated in the domestic banking sector as the year-end approaches.
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Acquisitions to help boost restructuring of weak banks
Despite the financial hurdles in restructuring zero-VND banks, the process also presents immense opportunities for acquirers as they can leverage the restructuring to strengthen their market presence, long-term strategies, and foreign ownership limits.
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Individual customers' bank savings hit record high
Individual customers' banking deposits hit a record high of more than VNĐ6.83 quadrillion as of the end of July 2024, newly released data from the State Bank of Vietnam (SBV) shows.