Vietnam’s credit growth as of June 9 expanded by 17.09% against the same period last year, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on June 15.

Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month.

Vietnam’s merger and acquisitions (M&A) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.

Deputy Prime Minister Le Minh Khai clarified a number of issues raised by National Assembly (NA) deputies regarding banking activities on June 9 as part of the ongoing NA third meeting's question-and-answer session.

National Assembly Chairman Vuong Dinh Hue urged for a healthy banking system in which domestic lenders act as key players and operate in a healthy, effective and transparent manner.

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has submitted a report to National Assembly (NA) deputies on issues raised during the Question-and-Answer session, including credit management and control in potentially risky areas, especially securities lending, corporate bond issuance.

Legislators will continue with the question and answer (Q&A) session on June 8, as part of the third sitting of the 15th National Assembly, with a focus on agriculture and rural development, finance and banking.

Standard Chartered Bank Vietnam has been named the “Most Inspiring Brand (Banking sector) in Vietnam” in 2022 by International Business Magazine.

President of the Lao State Inspection Authority Khamphan Phommaphat on June 1 worked with leaders of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Vietnam Electricity (EVN) as part of his visit to Vietnam.

Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota this year.