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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.

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.

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.

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