• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

Viet Maz

Update local news from Vietnam

  • About Us
  • Disclaimers
  • DMCA
  • Submit your story
  • Privacy Policy
  • Contact Us
You are here: Home / Financial Markets / Banks struggle to mobilize capital

Banks struggle to mobilize capital

November 6, 2018 by thesaigontimes Leave a Comment

Banks struggle to mobilize capital The Saigon Times Daily A customer is seen transacting at an office of Techcombank. The bank is the first one to be allowed to increase its lending limit this year – PHOTO: THANH HOA HCMC – As many banks have almost reached the lending cap set for the whole year, they are now seeking ways to mobilize funds to meet the demand for loans among individual and corporate customers that tends to surge towards the end of the year, reported Thanh Nien newspaper. Late last month, Technological and Commercial Joint Stock Bank (Techcombank) was the first bank to be allowed to increase its credit growth limit from 14% to 20% this year. Thus, Techcombank may offer an additional VND10 trillion (US$430.2 million) this year. Meanwhile, many other banks have reached their maximum credit growth of 14%-15% since early this quarter. Bank for Foreign Trade of Vietnam (Vietcombank), for example, reached the lending cap set for the whole year of 15% in the January-September period, having offered loans totalling VND616.4 trillion. Other banks, such as HCMC Development Joint Stock Commercial Bank, Asia Commercial Bank, Military Bank and Vietnam Bank for Industry and Trade, have also nearly reached their quotas, with respective credit growth rates of 14%, 11%, 10.7% and 12.8%. During the rest of the year, banks will prioritize pumping capital into production and business activities while tightening credit for the real estate sector. Banks will also collect real estate-related debts to provide loans for customers… [Read full story]




  • Facebook data; Central banks in focus; SoftBank soars
  • Corporations, banks face severe capital shortage
  • More banks offer mobile payment services
  • Vietnam expects big changes in bank rankings after capital increases
  • Higher profits make it easier for banks to raise capital
  • Banks raise charter capital on own power for Basel II
  • Vietnam’s top banks struggle to increase capital to meet global norms
  • Vietnam’s top state banks struggle to increase capital to meet global norms
  • HoREA proposes maintaining ratio of short-term capital for long-term loans
  • Vietnam’s banking sector regains strength

Filed Under: Financial Markets Internet Banking and Mobile Banking, first bank nigeria mobile banking, best power bank for mobile in india, power bank i mobile, power bank new mobile, power bank t mobile, banking barclays mobile, banking bri mobile, nab online banking login mobile, nab internet banking login mobile, bank t mobile, capital bank panama, mobility of capital, bank capital, China Development Bank Capital, capital city bank, texas capital bank, Viet Capital Bank, capital bank nj, greater online banking mobile, capital bank mortgage, Capital Bank Financial Corp, 1st convenience bank mobile deposit, regions online mobile banking, nab online banking mobile, g capital bank, lloyds mobile banking app, ge capital bank reviews, SaiGon Times Daily, SaiGon Times tieng anh, thời báo kinh tế sài gòn, tin kinh te, kinh te viet nam, tin tuc kinh te, News from SaiGon Times online, bao kinh te sai gon online, saigontimes group

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Primary Sidebar

Categories

ASEAN business Cinet About Contact Follow on Corporate Corporate News Culture Culture - Sports Diplomacy Domestic Economic Sector Economy education Enterprises environment Export-Import Finance & Banking Government in action Health Highlight Int'l Cooperation International Investing INVESTMENT Life & Style Local activities Markets Ministerial activities Miscellany Money News News » Headlines News » Vietnam News - Events Politics Politics & Laws society sports Tech Tourism Trade travel Việt Nam and World Vietnam World World News

Recent Posts

  • Party leader Trong to visit Laos, Cambodia
  • Isayo Takano
  • Japan tightens visa policies for Vietnamese students
  • VN businesses struggle to find new labourers
  • Vietnamese firms need to win over local customers
  • Sacred Yen Tu Mountain
  • Nguyen Tieu festival sees Hoai river shine in ancient town of Hoi An
  • US aircraft arrives Hanoi, preparing for Trump-Kim Summit
  • VN, European universities develop curriculum in molecular sciences
  • HCMC focuses on industrial products

Copyright © 2019 Viet Maz. Power by Wordpress.