VOV.VN - A total of five local banks have been included in this year's Forbes list of the world’s 2,000 largest firms.

Forbes Vietnam on June 5 unveiled the top 50 listed companies in 2023, the 11th year it has released this list in the country.

Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development.

Having hold of a large amount of bad debts mortgaged by real estate, Vietnam’s four biggest State-owned banks are urgently recovering the debts, but the work remains tough for them due to the slowdown of the realty market.

The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%.

VOV.VN - Four Japanese banks are set to co-finance a total of US$300 million to provide credit lines to power producers using renewable energy in Vietnam as part of efforts to help the growing country in its decarbonising process.

The group of the four biggest State-owned banks (Big 4) have launched preferential loan packages with interest rate reductions of up to 3% per year to lower short-term lending rates to only 7% per year.

VOV.VN - The police of Dong Nai province in southern Vietnam are hunting for a young man who on September 8 used a gun to threaten employees of a commercial bank and steal approximately VND600 million.

VOV.VN - The police of Dong Nai province in southern Vietnam are hunting for a young man who on September 8 used a gun to threaten employees of a commercial bank and steal approximately VND600 million.

The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Vietnam in 2022.