Deposits at all banks, including the Saigon Commercial Bank (SCB), are guaranteed by the State in all cases, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong affirmed on October 10 when talking to the media regarding recent issues related to the SCB.

Commercial banks have stepped up lending to export firms, especially those in industrial parks and export processing zones, as exports of many goods have grown strongly this year.

Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.

A number of Vietnamese banks plan to sell more shares to foreign investors in 2022 as part of set strategies.

Deposit interest rates at commercial banks will continue to decrease and remain at low levels in the coming months, analysts forecast.

Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impact of the COVID-19 pandemic.

The State Bank of Vietnam (SBV) will continue directing commercial banks to reduce interest rates for customers affected by the COVID-19 pandemic, said Deputy Governor Dao Minh Tu at the Government’s press conference on August 11. ​

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) again tops the list of ten most prestigious commercial banks in Vietnam this year, according to the latest ranking announced by Vietnam Report.

National flag carrier Vietnam Airlines on July 7 signed a credit deal – worth total of VND4 trillion (US$173.7 million) – with three commercial banks, which are expected to weather the financial impact of the COVID-19 pandemic.

Commercial banks have made public the sale of unsecured consumer debt for the first time in the country.